MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXX) Trading Up 1.9% – Time to Buy?

MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXXGet Free Report)’s share price was up 1.9% during mid-day trading on Monday . The stock traded as high as $40.73 and last traded at $40.39. Approximately 1,345,438 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 1,315,172 shares. The stock had previously closed at $39.64.

MAX S&P 500 4x Leveraged ETN Trading Down 3.5 %

The stock’s fifty day moving average is $47.95 and its 200 day moving average is $47.54.

About MAX S&P 500 4x Leveraged ETN

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The MAX S&P 500 4X Leveraged ETN (XXXX) is an exchange-traded fund that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. XXXX was launched on Dec 7, 2023 and is issued by Max.

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