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MTUL does not currently pay a dividend.
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MTUL delivers twice the daily performance of an index that tracks large and mid-capitalization U.S. companies demonstrating strong price momentum. This momentum is calculated from a combination of 12-month and 6-month price performance, which is then risk-adjusted over a three-year period to determine a momentum score. Securities with the highest scores are selected and weighted based on the product of their market capitalization within the parent index and their momentum score, with a maximum 5% weight per security. The index generally encompasses approximately 30% of the parent index's…
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL - Get Free Report)'s stock price traded up 0.6% during trading on Tuesday. The stock traded as high as $37.73 and last traded at $37.73. 486 shares were traded during trading, a decline of 49% from the average session volume of 958 shares. The
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL - Get Free Report)'s stock price shot up 1.6% on Friday. The company traded as high as $38.28 and last traded at $38.28. 864 shares changed hands during mid-day trading, an increase of 170% from the average session volume of 320 shares. The stock