MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Unusually-High Trading Volume – Should You Buy?

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) saw strong trading volume on Friday . 94,002 shares traded hands during trading, a decline of 6% from the previous session’s volume of 100,226 shares.The stock last traded at $148.98 and had previously closed at $162.20.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 6.2 %

The business has a 50-day moving average price of $170.07 and a two-hundred day moving average price of $151.95. The company has a market capitalization of $110.90 billion, a price-to-earnings ratio of 83.95 and a beta of 4.73.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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