MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Stock Price Down 13.7% – What’s Next?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) traded down 13.7% on Friday . The stock traded as low as $42.68 and last traded at $43.07. 1,040,975 shares changed hands during trading, a decline of 49% from the average session volume of 2,044,172 shares. The stock had previously closed at $49.89.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The firm has a market cap of $3.49 billion, a price-to-earnings ratio of 37.09 and a beta of 4.92. The firm has a 50-day moving average price of $34.84 and a two-hundred day moving average price of $27.94.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

(Get Free Report)

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.

Further Reading

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