ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Trading 2.1% Higher – Still a Buy?

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report)’s stock price traded up 2.1% on Monday . The stock traded as high as $17.78 and last traded at $17.78. 152 shares traded hands during trading, a decline of 95% from the average session volume of 2,964 shares. The stock had previously closed at $17.41.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Up 2.1%

The business has a fifty day simple moving average of $16.21 and a 200 day simple moving average of $19.16.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

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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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