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

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $35.07, but opened at $33.02. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $33.4640, with a volume of 127,711 shares.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 5.5%

The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 37.09 and a beta of 4.95. The company’s 50 day moving average price is $41.06 and its 200 day moving average price is $30.78.

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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