ETRACS 2x Leveraged US Growth Factor TR ETN Price & Performance (IWFL)

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) experienced a 3% rise in its trading price, closing at $28.88. Despite the gain, trading volume was significantly down, with only 166 shares exchanged, reflecting a 55% drop from its average. The fund tracks momentum-based US large- and mid-cap securities.1

The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) saw its trading price increase by 0.7%, finishing at $40.24. The trading volume fell to 178 shares, marking a 62% decline from usual levels. This ETN offers leveraged exposure to US large-cap growth stocks based on the Russell 1000 Growth index.2