ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL) Trading 0.6% Higher – What’s Next?

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTULGet Free Report)’s stock price traded up 0.6% during trading on Tuesday . The stock traded as high as $37.73 and last traded at $37.73. 486 shares were traded during trading, a decline of 49% from the average session volume of 958 shares. The stock had previously closed at $37.52.

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Price Performance

The firm has a 50-day moving average of $38.60 and a 200-day moving average of $37.86.

About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN

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The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.

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