MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading Down 5.1% – Should You Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) traded down 5.1% during trading on Wednesday . The stock traded as low as $272.05 and last traded at $271.1780. 48,812 shares were traded during trading, a decline of 80% from the average session volume of 239,946 shares. The stock had previously closed at $285.76.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 7.6%

The business’s fifty day moving average is $264.26 and its 200-day moving average is $238.66. The company has a market cap of $2.24 billion, a PE ratio of 37.09 and a beta of 4.45.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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