Shares of ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML – Get Free Report) shot up 2.7% on Thursday . The company traded as high as $25.64 and last traded at $25.52. 988 shares traded hands during trading, a decline of 38% from the average session volume of 1,603 shares. The stock had previously closed at $24.86.
ETRACS 2x Leveraged US Size Factor TR ETN Price Performance
The company has a 50-day simple moving average of $23.17 and a 200-day simple moving average of $21.08.
ETRACS 2x Leveraged US Size Factor TR ETN Company Profile
The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.
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