MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Up – Should You Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $180.88, but opened at $188.50. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $188.16, with a volume of 22,386 shares traded.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The business has a fifty day moving average of $158.46 and a 200-day moving average of $147.53. The company has a market capitalization of $135.68 billion, a P/E ratio of 83.95 and a beta of 4.73.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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