Shares of ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL – Get Free Report) dropped 0.1% on Friday . The company traded as low as $34.42 and last traded at $34.42. Approximately 42 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 278 shares. The stock had previously closed at $34.47.
ETRACS 2x Leveraged US Value Factor TR ETN Price Performance
The firm has a 50-day simple moving average of $34.76 and a 200-day simple moving average of $31.34.
About ETRACS 2x Leveraged US Value Factor TR ETN
The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.
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