MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Here’s Why

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $34.32, but opened at $30.88. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $32.0380, with a volume of 282,240 shares trading hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The firm has a market cap of $2.75 billion, a price-to-earnings ratio of 37.09 and a beta of 4.95. The firm has a fifty day simple moving average of $41.71 and a two-hundred day simple moving average of $30.58.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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