MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $12.95, but opened at $12.52. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $12.40, with a volume of 38,640 shares traded.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 6.6 %
The firm’s 50 day simple moving average is $15.49 and its 200 day simple moving average is $19.13. The company has a market cap of $8.82 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.
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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