ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL – Get Free Report) dropped 0.1% during trading on Wednesday . The company traded as low as $51.12 and last traded at $51.35. Approximately 107 shares traded hands during trading, a decline of 71% from the average daily volume of 369 shares. The stock had previously closed at $51.39.
ETRACS 2x Leveraged US Growth Factor TR ETN Trading Down 2.4%
The company has a fifty day moving average of $53.58 and a 200 day moving average of $55.73.
About ETRACS 2x Leveraged US Growth Factor TR ETN
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.
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