MicroSectors U.S. Big Oil Index 3x Leveraged ETN (NYSEARCA:NRGU) Stock Price Down 2.6%

MicroSectors U.S. Big Oil Index 3x Leveraged ETN (NYSEARCA:NRGU) shares fell 2.6% during mid-day trading on Tuesday . The company traded as low as $1.87 and last traded at $1.90. 3,238,197 shares changed hands during trading, an increase of 1,005,551% from the average session volume of 322 shares. The stock had previously closed at $1.95.

The company has a fifty day simple moving average of $2.77 and a two-hundred day simple moving average of $3.66.

A hedge fund recently bought a new stake in MicroSectors U.S. Big Oil Index 3x Leveraged ETN stock. Capital Wealth Alliance LLC bought a new stake in MicroSectors U.S. Big Oil Index 3x Leveraged ETN (NYSEARCA:NRGU) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 29,470 shares of the company’s stock, valued at approximately $120,000. Capital Wealth Alliance LLC owned about 0.07% of MicroSectors U.S. Big Oil Index 3x Leveraged ETN as of its most recent SEC filing.

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