ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report)’s stock price was up 2.9% during trading on Wednesday . The stock traded as high as $44.50 and last traded at $44.50. Approximately 100 shares traded hands during trading, a decline of 84% from the average daily volume of 608 shares. The stock had previously closed at $43.25.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Trading Up 3.2%
The company has a 50 day simple moving average of $37.69 and a 200 day simple moving average of $38.06.
About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
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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