ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL – Get Free Report) shares fell 0.7% during mid-day trading on Friday . The company traded as low as $41.80 and last traded at $41.80. 40 shares were traded during trading, a decline of 86% from the average session volume of 285 shares. The stock had previously closed at $42.08.
ETRACS 2x Leveraged US Value Factor TR ETN Stock Performance
The stock’s 50 day moving average price is $40.65 and its 200-day moving average price is $37.73.
ETRACS 2x Leveraged US Value Factor TR ETN Company Profile
The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.
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