ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) Shares Down 0.1%

Shares of ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDLGet Free Report) fell 0.1% during trading on Friday . The stock traded as low as $34.42 and last traded at $34.42. 42 shares changed hands during trading, a decline of 85% from the average session volume of 278 shares. The stock had previously closed at $34.47.

ETRACS 2x Leveraged US Value Factor TR ETN Price Performance

The business’s fifty day moving average price is $34.76 and its two-hundred day moving average price is $31.34.

About ETRACS 2x Leveraged US Value Factor TR ETN

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The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.

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