MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) dropped 8.2% during mid-day trading on Friday . The stock traded as low as $278.00 and last traded at $269.64. Approximately 152,375 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 209,637 shares. The stock had previously closed at $293.57.
MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance
The company has a market capitalization of $2.16 billion, a P/E ratio of 37.09 and a beta of 4.41. The company has a 50 day moving average of $223.15 and a 200-day moving average of $166.46.
About MicroSectors FANG & Innovation 3x Leveraged ETN
The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.
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