ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Trading Down 2%

Shares of ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) dropped 2% during trading on Thursday . The stock traded as low as $23.94 and last traded at $23.94. Approximately 513 shares were traded during mid-day trading, an increase of 109% from the average daily volume of 246 shares. The stock had previously closed at $24.43.

The firm’s fifty day moving average price is $26.18 and its 200 day moving average price is $26.08.

Further Reading: Do equity income investments outperform growth and income investments?

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