MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Down – What’s Next?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $21.81, but opened at $18.81. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $18.36, with a volume of 117,255 shares trading hands.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance

The business’s 50-day simple moving average is $14.10 and its two-hundred day simple moving average is $14.26. The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 46.28 and a beta of -4.76.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) 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. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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