MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Up 4.8% – Still a Buy?

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shot up 4.8% during trading on Wednesday . The company traded as high as $71.68 and last traded at $69.25. 137,701 shares were traded during trading, an increase of 2% from the average session volume of 135,173 shares. The stock had previously closed at $66.07.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 6.2 %

The company has a market capitalization of $51.15 billion, a price-to-earnings ratio of 29.18 and a beta of 4.73. The company has a 50 day simple moving average of $138.85 and a 200 day simple moving average of $153.72.

About MicroSectors FANG & Innovation 3x Leveraged ETN

(Get Free Report)

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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