MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXX) Trading Down 0.2% – What’s Next?

MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXXGet Free Report)’s stock price was down 0.2% on Monday . The stock traded as low as $57.53 and last traded at $57.78. Approximately 265,414 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 1,315,172 shares. The stock had previously closed at $57.91.

MAX S&P 500 4x Leveraged ETN Stock Down 0.6%

The company’s fifty day simple moving average is $55.31 and its 200 day simple moving average is $50.45.

About MAX S&P 500 4x Leveraged ETN

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The MAX S&P 500 4X Leveraged ETN (XXXX) is an exchange-traded fund that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. XXXX was launched on Dec 7, 2023 and is issued by Max.

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