MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Up – Time to Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $229.10, but opened at $248.72. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $245.54, with a volume of 40,647 shares trading hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 10.4%

The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 37.09 and a beta of 4.45. The stock’s fifty day moving average is $273.16 and its 200-day moving average is $223.00.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology companies. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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