MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Up 12.4% – Here’s What Happened
by Tristan Rich · The Markets DailyMicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report)’s stock price traded up 12.4% on Monday. The stock traded as high as $24.34 and last traded at $24.0910. Approximately 630,772 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 1,398,156 shares. The stock had previously closed at $21.43.
MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance
The firm has a market capitalization of $2.03 billion, a PE ratio of 21.72 and a beta of 5.11. The stock’s 50-day simple moving average is $38.29 and its 200-day simple moving average is $33.34.
MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile
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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