Shares of ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report) shot up 1.8% on Friday . The company traded as high as $30.25 and last traded at $30.25. 18 shares changed hands during trading, a decline of 97% from the average session volume of 615 shares. The stock had previously closed at $29.71.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Price Performance
The firm has a 50-day moving average price of $26.95 and a 200-day moving average price of $26.51.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Company Profile
The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.
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