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RAC3
LEVERAGE SHARES PUBLIC LIMITED COMPANY LS 3X LONG FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product

GB:RAC3 Price & Analysis

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RAC3 ETF Chart & Stats

ETF Overview

LEVERAGE SHARES PUBLIC LIMITED COMPANY LS 3X LONG FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product

The LEVERAGE SHARES PUBLIC LIMITED COMPANY LS 3X LONG FERRARI (RACE) ETP, traded under the ticker GB:RAC3, is a dynamic Exchange Traded Product (ETP) designed for investors seeking amplified exposure to Ferrari's stock performance. This ETP falls within the Consumer Discretionary sector, specifically honing in on the Automobile Manufacturers niche, making it an ideal choice for those looking to capitalize on the luxury automotive market's potential. With a strategic focus on Ferrari, one of the most iconic names in the automotive world, this leveraged ETP aims to deliver triple the daily returns of Ferrari's stock, allowing investors to maximize their profit potential on short-term market movements. It's an innovative financial instrument that appeals to those with a keen interest in the automobile industry and a willingness to engage in higher-risk investments for potentially greater rewards. Designed for sophisticated investors, the LS 3X LONG FERRARI ETP provides an aggressive approach to investing in the exclusive world of luxury sports cars, offering a unique opportunity to ride the performance of a brand synonymous with excellence and innovation. Whether you're a seasoned investor looking to diversify your portfolio with a high-octane edge or a newcomer with a passion for Ferrari's storied legacy, this ETP offers a compelling avenue to engage with the financial markets.
Asset Class
Equity
Region
Global
Issuer
Leverage Shares
Index Tracked
iSTOXX Leveraged 3x RACE Index - Benchmark TR Net
Ticker Symbol
GB:RAC3

LEVERAGE SHARES PUBLIC LIMITED COMPANY LS 3X LONG FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product (RAC3) Fund Flow Chart

LEVERAGE SHARES PUBLIC LIMITED COMPANY LS 3X LONG FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product (RAC3) 1 year Net Flows: 376K

RAC3 ETF FAQ

What was GB:RAC3’s price range in the past 12 months?
GB:RAC3 lowest ETF price was 29.95 and its highest was 71.98 in the past 12 months.
    What is the AUM of GB:RAC3?
    As of Jan 29, 2025 The AUM of GB:RAC3 is 1.04M.
      Is GB:RAC3 overvalued?
      Not enough analysts have published a price target to calculate whether the price is overvalued.
      Does GB:RAC3 pay dividends?
      GB:RAC3 does not currently pay dividends.
      How many shares outstanding does GB:RAC3 have?
      Currently, no data Available
      Which hedge fund is a major shareholder of GB:RAC3?
      Currently, no hedge funds are holding shares in GB:RAC3
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