MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Time to Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $123.63, but opened at $119.43. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $115.04, with a volume of 41,883 shares changing hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 5.4 %

The firm’s 50-day moving average price is $159.85 and its two-hundred day moving average price is $156.19. The stock has a market cap of $85.26 billion, a PE ratio of 32.15 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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