Shares of ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML – Get Free Report) traded down 6.7% on Tuesday . The stock traded as low as $12.30 and last traded at $12.35. 890 shares traded hands during trading, a decline of 70% from the average session volume of 2,997 shares. The stock had previously closed at $13.24.
ETRACS 2x Leveraged US Size Factor TR ETN Stock Performance
The business’s 50-day simple moving average is $19.13 and its two-hundred day simple moving average is $21.37.
About ETRACS 2x Leveraged US Size Factor TR ETN
The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.
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