MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sets New 12-Month High – Here’s Why

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $205.26 and last traded at $201.47, with a volume of 42641 shares traded. The stock had previously closed at $197.05.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Up 4.7 %

The company’s 50-day simple moving average is $174.43 and its 200-day simple moving average is $153.70. The stock has a market capitalization of $150.39 billion, a price-to-earnings ratio of 83.95 and a beta of 4.73.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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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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