ETRACS Momentum Fund Sees 3% Gain Amid Low Volume The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) experienced a 3% rise in trading, reaching $28.88. However, trading volume was significantly lower, with only 166 shares exchanged compared to the usual 366. The stock remains below its 50-day and 200-day moving averages, indicating potential investor caution.1