MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Here’s What Happened

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $41.84, but opened at $37.52. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $39.0810, with a volume of 298,319 shares changing hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 37.09 and a beta of 4.92. The firm’s 50-day moving average price is $40.39 and its two-hundred day moving average price is $29.41.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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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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