MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Down – What’s Next?

by · The Cerbat Gem

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $12.95, but opened at $12.52. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $12.40, with a volume of 38,640 shares traded.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance

The company has a fifty day simple moving average of $15.49 and a two-hundred day simple moving average of $19.13. The company has a market capitalization of $8.82 billion, a P/E ratio of 34.87 and a beta of -4.76.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

(Get Free Report)

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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