Provided by Tiger Fintech (Singapore) Pte. Ltd.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN

8.19
-0.0852-1.03%
Volume:1.89K
Turnover:15.66K
Market Cap:8.19M
PE:- -
High:8.29
Open:8.27
Low:8.19
Close:8.28
Loading ...

Company Profile

Company Name:
ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN
Exchange:
ARCA
Establishment Date:
2018
Employees:
- -
Office Location:
1 Finsbury Avenue,London,Greater London,United Kingdom
Website:
- -
Zip Code:
EC2M 2PA
Fax:
44 20 7567 5656
Introduction:
The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.