ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Shares Down 1.3% – Time to Sell?

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report)’s stock price fell 1.3% on Wednesday . The company traded as low as $19.26 and last traded at $19.26. 82 shares were traded during trading, a decline of 96% from the average session volume of 1,980 shares. The stock had previously closed at $19.51.

ETRACS 2x Leveraged US Size Factor TR ETN Trading Down 1.3%

The stock’s fifty day simple moving average is $18.45 and its two-hundred day simple moving average is $18.39.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.

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