ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL – Get Free Report)’s share price was down 4.4% during trading on Friday . The stock traded as low as $48.69 and last traded at $48.69. Approximately 169 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 520 shares. The stock had previously closed at $50.93.
ETRACS 2x Leveraged US Growth Factor TR ETN Price Performance
The company has a 50-day moving average price of $49.99 and a 200 day moving average price of $45.70.
About ETRACS 2x Leveraged US Growth Factor TR ETN
The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.
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