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) gapped down prior to trading 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 trading hands.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 2.4 %

The business’s fifty day moving average price is $17.13 and its 200 day moving average price is $20.43. The firm has a market capitalization of $10.35 billion, a PE ratio of 34.87 and a beta of -4.76.

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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