ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report)’s share price traded down 7.4% during mid-day trading on Wednesday . The company traded as low as $27.43 and last traded at $27.43. 1,281 shares traded hands during mid-day trading, an increase of 154% from the average session volume of 505 shares. The stock had previously closed at $29.63.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Price Performance
The business’s 50-day simple moving average is $27.42 and its 200-day simple moving average is $24.70.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Company Profile
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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