MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (BNKD) Price, Holdings, & News

ETF Overview

The MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks three times the inverse of the performance of an equal-weighted index of US large banks. BNKD was launched on Apr 5, 2019 and is issued by REX Microsectors.

Key Stats

• Today's Range: $15.52 to $15.63
• 50-Day Range: $15.62 to $23.68
• 52-Week Range: $15.52 to $56.76
• Volume: 787 shs
• Average Volume: 1,209 shs
• Market Capitalization: $2.50 million
• Assets Under Management: $2.69 million
• Dividend Yield: 0.00%
• Net Expense Ratio: 0.95%
• Aggregate Rating: Moderate Buy

BNKD ETF - Frequently Asked Questions

How have BNKD shares performed this year?

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs' stock was trading at $18.23 at the start of the year. Since then, BNKD shares have decreased by 14.3% and is now trading at $15.62.

When did MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs' stock split?

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs's stock reverse split before market open on Monday, April 29th 2024.The 1-5 reverse split was announced on Monday, April 29th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, April 29th 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs?

Shares of BNKD 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 U.S. Big Banks -3X Inverse Leveraged ETNs own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs 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 U.S. Big Banks -3X Inverse Leveraged ETNs
• Tax Classification: Exchange-Traded Note
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:BNKD
• Inception Date: 2/20/2025
• Fund Manager: N/A
• Web: www.bmo.com
• Phone: 14168677191

Fund Focus

• Asset Class: Equity
• Benchmark: Solactive MicroSectors U.S. Big Banks Index
• Category: Sector
• Focus: Financials
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $2.69 million
• Average Daily Volume: $95.00
• Discount/Premium: -0.01%
• Leveraged: -3.00

Administrator, Advisor and Custodian

• Administrator: N/A
• Advisor: Bank of Montreal
• Custodian: N/A
• Distributor: N/A
• Transfer Agent: N/A
• Trustee: N/A
• Lead Market Maker: Susquehanna

Miscellaneous

• Outstanding Shares: 160,000
• Beta: -2.90
• Creation Unit: 25,000