MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading 9% Higher – Should You Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares rose 9% during mid-day trading on Friday . The stock traded as high as $120.25 and last traded at $119.78. Approximately 126,775 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 138,601 shares. The stock had previously closed at $109.86.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 9.9 %

The company has a market cap of $88.08 billion, a PE ratio of 33.61 and a beta of 4.73. The firm has a 50 day simple moving average of $161.90 and a 200-day simple moving average of $155.90.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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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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