ETRACS 2x Leveraged MSCI US Momentum Factor Total Return ETN logo

ETRACS 2x Leveraged MSCI US Momentum Factor Total Return ETN (MTUL)

Market Closed
10 Aug, 20:00
ARCA ARCA
$
54. 45
-0.75
-1.3605%
$
10.9M Market Cap
- Div Yield
200 Volume
$ 55.2
Previous Close
Add Transaction
Day Range
54.45 55.48
Year Range
29.74 74.4
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Summary

MTUL closed yesterday lower at $54.45, a decrease of -1.3605% from Friday's close, completing a monthly increase of 3.9122% or $2.05. Over the past 12 months, MTUL stock gained 42.2525%.
MTUL is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

MTUL Chart

ETRACS 2x Leveraged MSCI US Momentum Factor Total Return ETN (MTUL) FAQ

What is the stock price today?

The current price is $54.45.

On which exchange is it traded?

ETRACS 2x Leveraged MSCI US Momentum Factor Total Return ETN is listed on ARCA.

What is its stock symbol?

The ticker symbol is MTUL.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 10.9M.

Has ETRACS 2x Leveraged MSCI US Momentum Factor Total Return ETN ever had a stock split?

No, there has never been a stock split.

ETRACS 2x Leveraged MSCI US Momentum Factor Total Return ETN Profile

ARCA Exchange
US Country

Overview

The ETRACS 2x Monthly Leveraged MSCI USA Momentum Factor TR ETN is a sophisticated financial instrument designed to offer investors leveraged exposure to the MSCI USA Momentum Index. This Exchange-Traded Note (ETN) seeks to provide twice the monthly returns of its underlying index, tapping into the potential of momentum-driven stocks within the U.S. equity market. By emphasizing stocks showing strong momentum in their price movements, this ETN enables investors to leverage trends for potentially higher returns. Tradeable on public exchanges and issued by UBS, the ETRACS 2x Monthly Leveraged MSCI USA Momentum Factor TR ETN is a notable component of the ETRACS line. This collection encompasses a variety of leveraged and non-leveraged strategies across different asset classes, designed for sophisticated investors aiming to diversify their portfolios and capitalize on momentum in a leveraged framework.

Products and Services

The ETRACS 2x Monthly Leveraged MSCI USA Momentum Factor TR ETN is a primary offering within the ETRACS suite, distinguished by its leverage and focus on momentum strategies. This product, alongside other offerings from ETRACS, caters to a specific segment of the investment market, providing tools for portfolio diversification and the pursuit of higher returns through sophisticated investment strategies. Below is a breakdown of the key product offered within this scope:

  • ETRACS 2x Monthly Leveraged MSCI USA Momentum Factor TR ETN: This financial instrument is designed to offer investors leveraged exposure to the MSCI USA Momentum Index. The purpose of this ETN is to deliver twice the monthly performance of the underlying index, which is composed of U.S. equities demonstrating significant momentum in their stock prices. It aims to cater to investors interested in leveraging market trends for potential higher yields, especially in sectors or industries that are particularly sensitive to price momentum. As part of the broader ETRACS family, this product illustrates the line's focus on offering varied strategies, including both leveraged and non-leveraged options, to accommodate the demands of sophisticated investors seeking to enhance their portfolio through targeted financial instruments.

Contact Information

Address: 1285 Avenue of the Americas
Phone: 800-587-2111