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

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $179.03, but opened at $171.89. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $171.93, with a volume of 4,365 shares changing hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The stock’s fifty day moving average is $171.83 and its 200-day moving average is $150.89. The stock has a market cap of $127.75 billion, a PE 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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