MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Gap Up – Should You Buy?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $13.28, but opened at $13.62. MicroSectors Energy 3X Leveraged ETN shares last traded at $13.66, with a volume of 1,429 shares traded.

MicroSectors Energy 3X Leveraged ETN Stock Up 3.0 %

The stock has a 50-day simple moving average of $12.55 and a 200 day simple moving average of $13.44. The company has a market cap of $10.04 billion, a PE ratio of 12.94 and a beta of 1.47.

MicroSectors Energy 3X Leveraged ETN Company Profile

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The MicroSectors Energy 3X Leveraged ETNs (WTIU) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity. WTIU was launched on Feb 15, 2023 and is issued by REX Microsectors.

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