MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $14.45, but opened at $13.64. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $13.27, with a volume of 41,445 shares trading hands.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 8.6 %
The company has a market capitalization of $9.63 billion, a price-to-earnings ratio of 41.53 and a beta of -4.76. The company has a fifty day moving average of $12.79 and a 200-day moving average of $14.61.
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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