MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price fell 4.6% during mid-day trading on Tuesday . The stock traded as low as $27.03 and last traded at $27.05. 57,690 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 99,161 shares. The stock had previously closed at $28.36.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 12.3 %
The firm has a market capitalization of $18.44 billion, a P/E ratio of 34.87 and a beta of -4.76. The stock has a fifty day moving average of $21.17 and a 200-day moving average of $25.82.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks -3x the daily price movements of an equal-weighted index of US-listed technology companies. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.
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