ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (NYSEARCA:QULL) Shares Up 1.7% – Time to Buy?

Shares of ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (NYSEARCA:QULLGet Free Report) were up 1.7% during mid-day trading on Tuesday . The stock traded as high as $48.72 and last traded at $48.72. Approximately 94 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 288 shares. The stock had previously closed at $47.92.

ETRACS 2x Leveraged MSCI US Quality Factor TR ETN Stock Up 1.7 %

The company has a fifty day simple moving average of $48.63 and a two-hundred day simple moving average of $45.64.

About ETRACS 2x Leveraged MSCI US Quality Factor TR ETN

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The ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (QULL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap quality stocks selected and weighted based on various fundamental factors. QULL was launched on Feb 5, 2021 and is issued by ETRACS.

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