MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Up – What’s Next?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $22.34, but opened at $25.39. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $25.94, with a volume of 74,109 shares changing hands.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance

The firm has a market cap of $15.90 billion, a P/E ratio of 46.28 and a beta of -4.76. The company’s 50 day moving average is $13.44 and its two-hundred day moving average is $14.20.

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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