ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report) shot up 5.4% during mid-day trading on Wednesday . The stock traded as high as $35.51 and last traded at $35.51. 2,808 shares changed hands during mid-day trading, an increase of 291% from the average session volume of 719 shares. The stock had previously closed at $33.70.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Trading Up 5.4%
The business has a 50-day simple moving average of $36.95 and a 200 day simple moving average of $37.82.
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.
Featured Articles
Receive News & Ratings for ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN and related companies with MarketBeat.com's FREE daily email newsletter.
