MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Gap Up – Here’s Why

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $13.28, but opened at $13.62. MicroSectors Energy 3X Leveraged ETN shares last traded at $13.66, with a volume of 1,429 shares trading hands.

MicroSectors Energy 3X Leveraged ETN Price Performance

The company has a market cap of $9.77 billion, a price-to-earnings ratio of 12.94 and a beta of 1.47. The business’s fifty day moving average price is $12.57 and its 200 day moving average price is $13.44.

About MicroSectors Energy 3X Leveraged ETN

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The MicroSectors Energy 3X Leveraged ETNs (WTIU) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity. WTIU was launched on Feb 15, 2023 and is issued by REX Microsectors.

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