ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) Shares Up 0.2%

ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDLGet Free Report) shot up 0.2% during mid-day trading on Wednesday . The company traded as high as $34.66 and last traded at $34.66. 2 shares traded hands during trading, a decline of 99% from the average session volume of 365 shares. The stock had previously closed at $34.58.

ETRACS 2x Leveraged US Value Factor TR ETN Trading Up 0.2 %

The business’s fifty day simple moving average is $35.11 and its two-hundred day simple moving average is $33.94.

About ETRACS 2x Leveraged US Value Factor TR ETN

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The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.

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