ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML – Get Free Report) shares fell 0.8% during mid-day trading on Thursday . The company traded as low as $20.95 and last traded at $21.59. 1,552 shares changed hands during trading, a decline of 93% from the average session volume of 21,630 shares. The stock had previously closed at $21.76.
ETRACS 2x Leveraged US Size Factor TR ETN Stock Down 4.4 %
The company’s 50 day moving average price is $23.34 and its 200-day moving average price is $21.51.
About ETRACS 2x Leveraged US Size Factor TR ETN
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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