MAX S&P 500 4X Leveraged ETN logo

MAX S&P 500 4X Leveraged ETN (XXXX)

Delisted
24 May 2024
ARCA ARCA
$
38. 54
+0.99
+2.6365%
$
154.86M Market Cap
- Div Yield
833,771 Volume
$ 37.55
Previous Close
Day Range
37.8 38.75
Year Range
24.52 48.26
Want to track XXXX and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

Summary

This company has been delisted from its primary exchange and is no longer publicly traded.
As a result, real-time price data, dividend updates, and corporate disclosures may no longer be available.

XXXX Chart

MAX S&P 500 4X Leveraged ETN (XXXX) FAQ

What does "Delisted" mean?

MAX S&P 500 4X Leveraged ETN has been removed from the exchange and is no longer publicly traded.

What was the last recorded dividend?

No dividend payments were recorded prior to delisting.

How long did the company pay dividends?

The company did not have a dividend payment history.

Were there any stock splits?

No stock splits were recorded prior to delisting.

What was the last known trading price?

The stock last traded at $38.54 on May 24, 2024 before being delisted.

MAX S&P 500 4X Leveraged ETN Profile

ARCA Exchange
US Country

Overview

The provided company description outlines an entity that focuses on offering sophisticated financial instruments designed for investors who are actively engaged in managing their trading risks on a daily basis. These instruments are structured as notes that offer a highly leveraged exposure to the performance of a specified index. The key aspect of these products is their daily performance objective, aiming to achieve the stated investment goals on a daily basis. However, it's important to note that the potential returns are adjusted for a set of fees including a Daily Investor Fee, a Daily Financing Charge, and a possible Redemption Fee Amount. These products are specifically crafted for experienced investors who seek to include a high-risk, high-reward component within a diversified investment portfolio. The emphasis on leveraging suggests that the company positions these products as tools for enhancing portfolio performance under specific market conditions, albeit with a clear acknowledgment of the associated risks and costs.

Products and Services

  • Daily Leveraged Investment Notes
  • These notes are designed to cater to sophisticated investors looking for daily trading tools to manage risk. By offering a 4x leveraged long exposure to a specified index, these notes work on leveraging the daily performance (before the deduction of fees such as the Daily Investor Fee, the Daily Financing Charge, and the Redemption Fee Amount, if applicable). This high degree of leverage is intended to magnify the investment outcomes on a daily basis, making them a potent tool for those seeking to capitalize on daily market movements. However, the leverage also increases the risk, and thus, they are recommended for those who are adept at managing and understanding such risks within a well-diversified portfolio.

Contact Information

Address: 1361 Calle Avanzado
Phone: 1-877-369-5412