MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD – Get Free Report) traded down 3.4% during mid-day trading on Monday . The stock traded as low as $149.76 and last traded at $150.12. 16,529 shares were traded during mid-day trading, a decline of 58% from the average session volume of 39,470 shares. The stock had previously closed at $155.40.
MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Trading Up 0.1 %
The stock’s fifty day moving average is $153.33 and its two-hundred day moving average is $203.79. The firm has a market cap of $112.42 billion and a P/E ratio of 2.48.
Institutional Trading of 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 boosted its position in MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD – Free Report) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,025 shares of the company’s stock after acquiring an additional 87 shares during the period. 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 reporting period.
About MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN
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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