MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXX) Shares Up 0.9% – What’s Next?
by Sarita Garza · The Markets DailyMAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXX – Get Free Report)’s share price shot up 0.9% during trading on Tuesday . The company traded as high as $33.51 and last traded at $32.48. 746,192 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 1,315,172 shares. The stock had previously closed at $32.20.
MAX S&P 500 4x Leveraged ETN Stock Down 6.4%
The stock has a fifty day simple moving average of $30.24 and a 200 day simple moving average of $41.11.
About MAX S&P 500 4x Leveraged ETN
The MAX S&P 500 4X Leveraged ETN (XXXX) is an exchange-traded fund that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. XXXX was launched on Dec 7, 2023 and is issued by Max.