ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report)’s share price was down 4.4% during mid-day trading on Friday . The company traded as low as $32.75 and last traded at $32.75. Approximately 58 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 108 shares. The stock had previously closed at $34.26.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Stock Down 4.4 %
The stock has a fifty day moving average of $32.01 and a 200-day moving average of $30.02.
About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.
Further Reading
- Five stocks we like better than ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
- The Basics of Support and Resistance
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- Retail Stocks Investing, Explained
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- Do ETFs Pay Dividends? What You Need to Know
- These 5 Energy Stocks Hedge Inflation With Growth Potential
Receive News & Ratings for ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN and related companies with MarketBeat.com's FREE daily email newsletter.
