Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $21.81, but opened at $18.81. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $18.36, with a volume of 117,255 shares.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 46.28 and a beta of -4.76. The business has a 50-day simple moving average of $14.10 and a two-hundred day simple moving average of $14.26.
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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