MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Up – Time to Buy?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $14.42, but opened at $15.01. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $15.74, with a volume of 41,433 shares.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 0.3 %

The firm has a market capitalization of $10.48 billion, a price-to-earnings ratio of 14.84 and a beta of -4.76. The company’s fifty day moving average is $12.14 and its two-hundred day moving average is $15.15.

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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