Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $17.76, but opened at $16.99. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $17.05, with a volume of 25,582 shares trading hands.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The stock’s 50-day moving average is $19.03 and its 200-day moving average is $22.16. The stock has a market cap of $11.82 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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