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IWETRACS 2x Leveraged US Size Factor TR ETN logo

ETRACS 2x Leveraged US Size Factor TR ETN (IWML)

New York Stock Exchange Arca · Currency in USD
$34.50 ▲ +0.00 (+0.00%)
As of Aug 18, 4:00 PM ET. Market open.

Summary

Previous Close
$34.50
Open
$34.50
Day's Range
$34.50 – $34.50
52 Week Range
$21.35 – $37.81
Volume
496
Avg. Volume
570
Market Cap
$9.95M
Beta (5Y Monthly)
2.57
PE Ratio (TTM)
--
EPS (TTM)
--
Earnings Date
--
Forward Dividend & Yield
--
Ex-Dividend Date
--
1y Target Est
--

Profile: ETRACS 2x Leveraged US Size Factor TR ETN

Sector
Financial Services
Industry
Asset Management - Leveraged
Full-time employees
103,177
CEO
--

IWML is a leveraged exchange-traded note (ETN) designed to deliver twice the daily performance of the Russell 2000 index. Given its geared structure, it is inappropriate for long-term holding and should instead be utilized as a short-term tactical trading instrument. The underlying Russell 2000 benchmark primarily tracks small-capitalization companies, but its composition also extends to include mid-cap and a significant number of micro-cap firms, collectively representing approximately 10% of the total market value.

Earnings

No earnings history available.

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Data: Financial Modeling Prep. For information only, not investment advice.