ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL – Get Free Report) was up 0.8% during trading on Thursday . The company traded as high as $36.70 and last traded at $36.70. Approximately 7 shares traded hands during trading, a decline of 98% from the average daily volume of 339 shares. The stock had previously closed at $36.41.
ETRACS 2x Leveraged US Value Factor TR ETN Price Performance
The company has a 50-day simple moving average of $35.51 and a two-hundred day simple moving average of $34.48.
About ETRACS 2x Leveraged US Value Factor TR ETN
The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.
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