ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report) fell 6.3% during mid-day trading on Wednesday . The stock traded as low as $29.29 and last traded at $29.29. 183 shares were traded during trading, a decline of 72% from the average session volume of 665 shares. The stock had previously closed at $31.26.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Price Performance
The business’s 50 day moving average is $30.82 and its 200-day moving average is $28.41.
About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.
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