MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – What’s Next?

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $181.57, but opened at $158.53. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $166.24, with a volume of 48,347 shares changing hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The stock has a market cap of $123.34 billion, a P/E ratio of 83.95 and a beta of 4.73. The firm’s fifty day simple moving average is $171.02 and its 200-day simple moving average is $150.92.

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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