MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Stock Price Up 6.2% – Here’s Why

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price traded up 6.2% during mid-day trading on Wednesday . The company traded as high as $183.29 and last traded at $184.55. 26,194 shares traded hands during trading, a decline of 77% from the average session volume of 113,042 shares. The stock had previously closed at $173.83.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The stock’s fifty day simple moving average is $170.10 and its two-hundred day simple moving average is $151.50. The company has a market capitalization of $132.41 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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