MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Stock Price Down 3.4%

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) traded down 3.4% during mid-day trading on Friday . The stock traded as low as $24.35 and last traded at $24.35. 41,684 shares traded hands during trading, a decline of 49% from the average session volume of 82,240 shares. The stock had previously closed at $25.22.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 4.7 %

The stock has a market cap of $17.52 billion, a P/E ratio of 34.87 and a beta of -4.76. The business’s fifty day simple moving average is $27.54 and its 200 day simple moving average is $34.87.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

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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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