MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Stock Price Up 1.5% – Here’s Why

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) shares traded up 1.5% on Friday . The stock traded as high as $2.71 and last traded at $2.71. 659,634 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 541,109 shares. The stock had previously closed at $2.67.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Up 1.5%

The stock has a market capitalization of $1.08 million, a P/E ratio of 29.43 and a beta of -4.47. The stock’s 50 day moving average price is $2.95 and its 200-day moving average price is $4.21.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

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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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