MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Up – What’s Next?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $229.10, but opened at $248.72. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $245.54, with a volume of 40,647 shares trading hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The firm has a fifty day moving average price of $272.41 and a 200-day moving average price of $224.02. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 37.09 and a beta of 4.45.

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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