ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Trading 0.7% Higher – Still a Buy?

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFLGet Free Report) shares rose 0.7% during trading on Monday . The company traded as high as $40.24 and last traded at $40.24. Approximately 178 shares were traded during trading, a decline of 62% from the average daily volume of 469 shares. The stock had previously closed at $39.96.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance

The business has a 50 day moving average price of $47.39 and a 200 day moving average price of $46.11.

About ETRACS 2x Leveraged US Growth Factor TR ETN

(Get Free Report)

The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.

Further Reading

Receive News & Ratings for ETRACS 2x Leveraged US Growth Factor TR ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS 2x Leveraged US Growth Factor TR ETN and related companies with MarketBeat.com's FREE daily email newsletter.