MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Here’s What Happened

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $135.76, but opened at $126.50. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $129.45, with a volume of 24,660 shares.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 8.9 %

The business has a 50 day moving average price of $168.47 and a 200-day moving average price of $157.08. The company has a market cap of $90.18 billion, a P/E ratio of 33.61 and a beta of 4.73.

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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