MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) fell 3.1% during mid-day trading on Monday . The company traded as low as $24.87 and last traded at $25.81. 612 shares changed hands during trading, a decline of 34% from the average session volume of 923 shares. The stock had previously closed at $26.63.
MAX Auto Industry 3x Leveraged ETN Price Performance
The company has a market cap of $18.76 billion, a P/E ratio of 19.04 and a beta of 4.69. The stock has a fifty day moving average price of $23.66 and a two-hundred day moving average price of $26.01.
MAX Auto Industry 3x Leveraged ETN Company Profile
The MAX Auto Industry 3X Leveraged ETN (CARU) is an exchange-traded fund that is based on the Prime Auto Industry index. The fund is an exchange-traded note that tracks 3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity.
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