Leverage Shares 2x Long CAT Daily ETF (CATG)
Leverage Shares 2x Long CAT Daily ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $7.22, down 5.25% on the session, giving a market capitalisation of $39.5M. On trailing twelve-month figures it carries a trailing P/E of -4.85, a net margin of -309.3%. Its beta of -2.25 implies it has historically moved less than the broad market.
The Leverage Shares 2x Long CAT Daily ETF is an exchange traded fund designed to provide 200% (2x) the daily performance of Caterpillar Inc. stock, minus fees and expenses. This product allows sophisticated investors and active traders to gain magnified exposure to a single stock through a regulated, liquid leveraged ETF structure. The fund rebalances daily, and due to compounding, its performance for periods longer than a single day will likely differ from 2x the underlying stock's performance.
Leverage Shares 2x Long CAT Daily ETF is most often compared with the following Financial Services names: