MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $24.63, but opened at $23.95. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $23.52, with a volume of 11,163 shares changing hands.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The company’s 50-day moving average is $21.10 and its 200-day moving average is $25.60. The firm has a market cap of $16.80 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.
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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