Provided by Tiger Fintech (Singapore) Pte. Ltd.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN

8.24
-0.0404-0.49%
Post-market: 8.24-0.0031-0.04%16:05 EDT
Volume:7.08K
Turnover:58.37K
Market Cap:8.24M
PE:- -
High:8.28
Open:8.28
Low:8.21
Close:8.28
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Company Profile

Company Name:
ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN
Exchange:
ARCA
Establishment Date:
2018
Employees:
- -
Office Location:
1 Finsbury Avenue,London,Greater London,United Kingdom
Website:
- -
Zip Code:
EC2M 2PA
Fax:
44 20 7567 5656
Introduction:
The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.