Tradr 2X Long LWLG Daily ETF (LWLX): ETF
ETF traded on BATS under symbol LWLX. Quoted in usd.
Tradr 2X Long LWLG Daily ETF
LWLX uses swap agreements and listed call options to make bullish bets on the share price of Lightwave Logic, Inc. (NASDAQ: LWLG). The fund may also invest directly in LWLG. The company creates proprietary electro-optic polymer materials used to increase data transmission speeds and reduce power use in photonic devices. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in LWLGs price through daily rebalancing. Returns may deviate from the expected 200% if held for longer than a single day due to factors such as volatility and compounding. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Largest holdings
- CASHUSD106.42%
- CFD LIGHTWAVE LOGIC INC22.30%
- NET OTHER ASSETS-28.73%
30d
4.63K
60d
3.61K
90d
3.49K