Bogart Wealth LLC Makes New Investment in MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN $OILU

Bogart Wealth LLC purchased a new stake in MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,000 shares of the company’s stock, valued at approximately $43,000. Bogart Wealth LLC owned 0.13% of MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN at the end of the most recent quarter.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Price Performance

Shares of OILU stock opened at $21.43 on Wednesday. MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN has a 12-month low of $15.15 and a 12-month high of $39.94. The firm has a market capitalization of $32.15 million, a price-to-earnings ratio of 8.27 and a beta of 2.70. The business has a 50 day simple moving average of $23.02 and a 200 day simple moving average of $21.79.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile

The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.