ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL – Get Free Report)’s stock price dropped 0.7% during trading on Friday . The company traded as low as $41.80 and last traded at $41.80. Approximately 40 shares changed hands during trading, a decline of 86% from the average daily volume of 285 shares. The stock had previously closed at $42.08.
ETRACS 2x Leveraged US Value Factor TR ETN Price Performance
The stock has a fifty day moving average price of $40.65 and a two-hundred day moving average price of $37.71.
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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