MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $9.56 and last traded at $9.56, with a volume of 154637 shares changing hands. The stock had previously closed at $10.04.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The company has a market cap of $7.58 billion, a PE ratio of 34.87 and a beta of -4.76. The stock’s 50 day moving average price is $12.07 and its 200-day moving average price is $15.91.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) 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. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.
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