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

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $15.10, but opened at $14.77. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $14.70, with a volume of 15,375 shares traded.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance

The company has a fifty day simple moving average of $17.31 and a 200 day simple moving average of $20.54. The stock has a market capitalization of $10.64 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

(Get Free Report)

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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