MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Reaches New 52-Week Low at $19.45

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $19.45 and last traded at $19.49, with a volume of 48065 shares traded. The stock had previously closed at $19.95.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Up 0.9 %

The business has a 50 day simple moving average of $25.04 and a 200-day simple moving average of $29.74. The stock has a market capitalization of $14.40 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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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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