MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Up – Here’s Why

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $37.36, but opened at $39.66. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $40.0310, with a volume of 164,192 shares.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Up 9.4%

The firm has a 50 day moving average price of $35.83 and a 200-day moving average price of $34.04. The firm has a market cap of $3.48 billion, a PE ratio of 37.09 and a beta of 4.99.

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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