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

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $23.73, but opened at $25.75. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $26.15, with a volume of 187,027 shares traded.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Up 13.6%

The stock has a 50-day simple moving average of $37.74 and a 200 day simple moving average of $33.32. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 21.72 and a beta of 5.11.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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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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