Shares of ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report) shot up 0.8% on Wednesday . The stock traded as high as $36.84 and last traded at $36.84. Approximately 13 shares traded hands during trading, a decline of 98% from the average daily volume of 711 shares. The stock had previously closed at $36.56.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Price Performance
The stock has a 50-day moving average of $38.31 and a 200-day moving average of $38.00.
About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.
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