MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Stock Price Up 13.5% – Should You Buy?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price traded up 13.5% during trading on Thursday . The company traded as high as $14.81 and last traded at $14.67. 117,405 shares were traded during trading, a decline of 15% from the average session volume of 138,435 shares. The stock had previously closed at $12.92.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance

The company has a market cap of $10.49 billion, a PE ratio of 46.28 and a beta of -4.76. The firm has a 50-day simple moving average of $14.21 and a two-hundred day simple moving average of $14.22.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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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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