MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Shares Down 4%

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDGet Free Report) shares traded down 4% during trading on Friday . The stock traded as low as $153.35 and last traded at $153.51. 7,817 shares traded hands during trading, a decline of 79% from the average session volume of 37,553 shares. The stock had previously closed at $159.92.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Stock Performance

The stock has a fifty day simple moving average of $147.77 and a 200 day simple moving average of $200.41. The firm has a market cap of $110.18 billion and a P/E ratio of 2.48.

Institutional Trading of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN

A hedge fund recently raised its stake in MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN stock. Wellspring Financial Advisors LLC increased its stake in MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDFree Report) by 4.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,025 shares of the company’s stock after purchasing an additional 87 shares during the quarter. Wellspring Financial Advisors LLC owned 10.13% of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN worth $465,000 at the end of the most recent quarter.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.

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