MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Down to $24.58

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $24.58, but opened at $23.71. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $23.65, with a volume of 2,930 shares trading hands.

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

The stock has a market capitalization of $16.58 billion, a PE ratio of 34.87 and a beta of -4.76. The company’s fifty day simple moving average is $21.07 and its two-hundred day simple moving average is $24.19.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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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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