MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Up – Here’s What Happened

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $14.07, but opened at $14.58. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $14.61, with a volume of 5,092 shares changing hands.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Up 6.3 %

The stock has a fifty day moving average of $17.50 and a two-hundred day moving average of $20.78. The company has a market capitalization of $10.90 billion, a PE ratio of 34.87 and a beta of -4.76.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

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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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