MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) Price, Holdings, & News

ETF Overview

The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks -3x the daily price movements of an equal-weighted index of US-listed technology companies. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

Key Stats

• Today's Range: $5.18 to $5.36
• 50-Day Range: $5.25 to $8.41
• 52-Week Range: $5.18 to $31.62
• Volume: 222,929 shs
• Average Volume: 194,787 shs
• Market Capitalization: $9.04 million
• Assets Under Management: $4.64 million
• Dividend Yield: 0.00%
• Net Expense Ratio: 0.95%
• Aggregate Rating: Moderate Buy

BERZ ETF - Frequently Asked Questions

How have BERZ shares performed this year?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN's stock was trading at $13.38 at the beginning of 2025. Since then, BERZ stock has decreased by 60.2% and is now trading at $5.32.

When did MicroSectors FANG & Innovation -3x Inverse Leveraged ETN's stock split?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN's stock reverse split before market open on Monday, March 25th 2024.The 1-10 reverse split was announced on Monday, March 25th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, March 25th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN?

Shares of BERZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MicroSectors FANG & Innovation -3x Inverse Leveraged ETN investors own include State Street (STT), Seagate Technology (STX), Constellation Brands (STZ), Enviva (EVA), International Business Machines (IBM), Shutterstock (SSTK) and AbbVie (ABBV).

Fund Details

• Issuer: Bank of Montreal
• Fund Name: MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
• Tax Classification: Exchange-Traded Note
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:BERZ
• Inception Date: 8/17/2021
• Fund Manager: N/A
• Web: www.bmo.com
• Phone: 14168677191

Fund Focus

• Asset Class: Equity
• Benchmark: Solactive FANG Innovation Index
• Category: Strategy
• Focus: Theme
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $4.64 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.00%
• Leveraged: -3.00

Administrator, Advisor and Custodian

• Administrator: N/A
• Advisor: N/A
• Custodian: N/A
• Distributor: N/A
• Transfer Agent: N/A
• Trustee: N/A
• Lead Market Maker: IMC

Options

• Optionable: N/A
• Short Interest: 83,400 shs

Miscellaneous

• Outstanding Shares: 1,700,000
• Beta: -4.78