Shares of ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML – Get Free Report) rose 3% during mid-day trading on Monday . The company traded as high as $27.86 and last traded at $27.86. Approximately 6,523 shares traded hands during mid-day trading, an increase of 291% from the average daily volume of 1,670 shares. The stock had previously closed at $27.04.
ETRACS 2x Leveraged US Size Factor TR ETN Stock Performance
The business’s 50 day simple moving average is $24.59 and its 200-day simple moving average is $22.70.
About ETRACS 2x Leveraged US Size Factor TR ETN
The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.
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