MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $11.66, but opened at $11.37. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $11.06, with a volume of 26,228 shares changing hands.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The company’s 50 day simple moving average is $12.42 and its 200 day simple moving average is $16.47. The stock has a market cap of $8.06 billion, a P/E ratio of 34.87 and a beta of -4.76.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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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