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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $12.36, but opened at $12.90. MicroSectors Energy 3X Leveraged ETN shares last traded at $13.12, with a volume of 18,960 shares changing hands.

MicroSectors Energy 3X Leveraged ETN Price Performance

The stock has a fifty day simple moving average of $13.42 and a two-hundred day simple moving average of $15.29.

About MicroSectors Energy 3X Leveraged ETN

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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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