MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Up 9.1% – Time to Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price rose 9.1% on Monday . The stock traded as high as $233.40 and last traded at $234.7140. Approximately 86,536 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 276,033 shares. The stock had previously closed at $215.11.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The company has a market capitalization of $1.95 billion, a P/E ratio of 37.09 and a beta of 4.45. The firm’s 50-day moving average is $263.51 and its 200-day moving average is $248.88.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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