MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD – Get Free Report) rose 0.2% on Monday . The stock traded as high as $165.76 and last traded at $165.76. Approximately 5,600 shares were traded during trading, a decline of 81% from the average daily volume of 29,459 shares. The stock had previously closed at $165.37.
MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Stock Up 0.2 %
The firm has a market cap of $120.88 billion and a P/E ratio of 2.48. The business has a fifty day simple moving average of $168.96 and a 200-day simple moving average of $167.19.
Hedge Funds Weigh In On MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN
A hedge fund recently raised its stake in MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN stock. Wellspring Financial Advisors LLC raised its position in shares of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD – Free Report) by 4.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,025 shares of the company’s stock after purchasing an additional 87 shares during the quarter. Wellspring Financial Advisors LLC owned 10.13% of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN worth $465,000 at the end of the most recent quarter.
MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Company Profile
The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.
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