AXS 2X Innovation ETF (NASDAQ:TARK) Shares Down 9.1%

AXS 2X Innovation ETF (NASDAQ:TARKGet Free Report)’s share price was down 9.1% during mid-day trading on Monday . The stock traded as low as $61.80 and last traded at $62.10. Approximately 105,630 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 100,198 shares. The stock had previously closed at $68.34.

AXS 2X Innovation ETF Stock Down 3.0 %

The firm’s fifty day simple moving average is $77.65 and its 200-day simple moving average is $71.97.

About AXS 2X Innovation ETF

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The AXS 2X Innovation ETF (TARK) is an exchange-traded fund that is based on the ARK Innovation ETF index. The fund is an actively-managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions.

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