MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Stock Price Down 6.5% – Here’s Why

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s share price traded down 6.5% during trading on Tuesday . The stock traded as low as $42.03 and last traded at $42.3820. 447,103 shares were traded during trading, a decline of 78% from the average session volume of 2,002,532 shares. The stock had previously closed at $45.34.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 7.1%

The stock has a market cap of $3.58 billion, a PE ratio of 37.09 and a beta of 4.92. The firm has a 50 day moving average price of $37.69 and a 200 day moving average price of $28.73.

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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