ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL – Get Free Report)’s stock price dropped 2.6% on Monday . The stock traded as low as $58.45 and last traded at $58.45. Approximately 814 shares were traded during mid-day trading, an increase of 201% from the average session volume of 270 shares. The stock had previously closed at $60.03.
ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance
The business’s 50 day simple moving average is $59.07 and its 200-day simple moving average is $55.25.
About ETRACS 2x Leveraged US Growth Factor TR ETN
The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.
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