ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report) dropped 0% during mid-day trading on Thursday. The stock traded as low as $58.07 and last traded at $58.07. 964 shares were traded during trading, a decline of 19% from the average daily volume of 1,187 shares. The stock had previously closed at $58.08.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Price Performance
The stock’s 50-day moving average is $58.07 and its 200 day moving average is $50.41.
About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.
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