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

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report)’s stock price gapped down prior to trading on Thursday. The stock had previously closed at $38.97, but opened at $36.46. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $36.7720, with a volume of 156,917 shares trading hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 37.09 and a beta of 5.02. The firm’s 50-day simple moving average is $40.06 and its 200 day simple moving average is $37.26.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

(Get Free Report)

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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