Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) fell 5.4% on Monday . The company traded as low as $56.50 and last traded at $56.71. 97,461 shares changed hands during trading, a decline of 9% from the average session volume of 107,120 shares. The stock had previously closed at $59.92.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The stock has a market cap of $1.13 million, a P/E ratio of 29.43 and a beta of -4.47. The firm has a 50-day moving average price of $58.65 and a 200-day moving average price of $64.35.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) 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. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.
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