ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Stock Price Up 0.7% – Should You Buy?

Shares of ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report) rose 0.7% during mid-day trading on Thursday . The stock traded as high as $21.50 and last traded at $21.39. Approximately 129 shares were traded during trading, a decline of 95% from the average daily volume of 2,670 shares. The stock had previously closed at $21.26.

ETRACS 2x Leveraged US Size Factor TR ETN Trading Down 1.0 %

The business has a fifty day simple moving average of $21.03 and a two-hundred day simple moving average of $19.68.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.

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