MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Up – Still a Buy?
by Danessa Lincoln · The Markets DailyMicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $29.17, but opened at $31.74. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $31.4510, with a volume of 507,409 shares trading hands.
MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance
The firm has a market capitalization of $2.70 billion, a PE ratio of 37.09 and a beta of 4.45. The firm has a fifty day moving average of $21.75 and a 200 day moving average of $25.00.
About MicroSectors FANG & Innovation 3x Leveraged ETN
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.