MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Up – Here’s Why

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $15.86, but opened at $17.09. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $17.04, with a volume of 37,797 shares trading hands.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 2.7 %

The company has a market capitalization of $11.49 billion, a PE ratio of 41.53 and a beta of -4.76. The stock’s fifty day moving average price is $13.00 and its two-hundred day moving average price is $14.24.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

(Get Free Report)

The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) 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. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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