ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Stock Price Up 1.7% – Should You Buy?

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report) rose 1.7% during mid-day trading on Friday . The stock traded as high as $23.85 and last traded at $23.85. Approximately 8 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 1,600 shares. The stock had previously closed at $23.44.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Performance

The company’s fifty day simple moving average is $23.40 and its two-hundred day simple moving average is $21.77.

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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