ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Trading 2.8% Higher – Here’s What Happened

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) traded up 2.8% on Wednesday . The company traded as high as $57.00 and last traded at $57.00. 12 shares were traded during mid-day trading, a decline of 96% from the average session volume of 293 shares. The stock had previously closed at $55.43.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Up 2.8%

The stock has a 50 day moving average price of $49.90 and a two-hundred day moving average price of $54.60.

ETRACS 2x Leveraged US Growth Factor TR ETN Company Profile

The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.