MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Down 4.5% – What’s Next?
by Michael Walen · The Markets DailyMicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price traded down 4.5% on Tuesday . The stock traded as low as $16.60 and last traded at $16.60. 20,028 shares traded hands during trading, a decline of 81% from the average session volume of 104,935 shares. The stock had previously closed at $17.39.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The firm has a 50 day simple moving average of $18.67 and a two-hundred day simple moving average of $21.61. The stock has a market cap of $12.05 billion, a P/E ratio of 34.87 and a beta of -4.76.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
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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