MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Reaches New 1-Year Low at $23.43

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $23.43 and last traded at $23.52, with a volume of 72389 shares. The stock had previously closed at $23.94.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 0.7 %

The stock has a market capitalization of $17.33 billion, a PE ratio of 34.87 and a beta of -4.76. The firm’s fifty day moving average is $27.10 and its 200-day moving average is $32.52.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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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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