MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Up 6.4% – Time to Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s share price rose 6.4% during mid-day trading on Friday . The company traded as high as $155.35 and last traded at $155.35. Approximately 67,192 shares changed hands during trading, a decline of 54% from the average daily volume of 145,712 shares. The stock had previously closed at $146.00.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The stock has a 50 day simple moving average of $135.78 and a two-hundred day simple moving average of $137.73. The company has a market cap of $111.97 billion, a price-to-earnings ratio of 83.95 and a beta of 4.73.

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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