MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Strong Trading Volume – Time to Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares saw unusually-strong trading volume on Friday . Approximately 94,002 shares were traded during trading, a decline of 6% from the previous session’s volume of 100,226 shares.The stock last traded at $148.98 and had previously closed at $162.20.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The firm has a market capitalization of $108.63 billion, a price-to-earnings ratio of 83.95 and a beta of 4.73. The business’s 50 day moving average price is $169.83 and its 200-day moving average price is $151.96.

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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