MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Up – Should You Buy?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $14.87, but opened at $15.93. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $16.61, with a volume of 61,995 shares traded.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 2.5 %

The firm has a market capitalization of $12.17 billion, a P/E ratio of 14.84 and a beta of -4.76. The stock has a fifty day moving average of $12.52 and a 200-day moving average of $14.97.

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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