iPath Long Extended Russell 2000TR ETN
RTLA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Nov 30, 2010
- Website
- barclaysinvestments.co.uk
- Similar Companies
- Business
- iPath Long Extended Russell 2000TR ETN (RTLA) is an exchange-traded note issued by Barclays Bank PLC that provides investors with leveraged exposure to the performance of the Russell 2000 Total Return Index through a 3x daily target multiple, less investor fees. The ETN, listed on NYSE Arca, offers a cash payment at maturity or upon early redemption based on the index's total return, targeting institutional and retail investors seeking amplified small-cap equity returns without direct ownership of underlying securities. As part of Barclays' broader iPath ETN platform, which spans commodities, volatility, equity smart beta, MLPs, and sustainable investing products, RTLA focuses on the U.S. small-cap segment. Barclays Bank PLC, founded in 1690 and headquartered in London, United Kingdom, structures and issues the iPath series of senior, unsecured debt securities globally, with primary operations in the U.S., Europe, and Asia through its investment banking arm. The RTLA ETN matures on November 30, 2020, as originally specified, but remains actively quoted with recent trading activity reflecting heightened small-cap market volatility. In June 2025, Barclays announced and executed the full redemption of four iPath ETN series, including provisions that amended indentures to enable issuer call options following tender offers and consent solicitations, though specific inclusion of RTLA requires confirmation via ongoing disclosures. This action aligns with Barclays' strategic management of its ETN portfolio, which has seen multiple redemptions, tender offers, and index methodology consultations in 2025, such as proposed rebalancing extensions for related MLP ETNs effective April 2025. No new product launches or acquisitions directly tied to RTLA were reported in the last 1-2 years, but Barclays continues to suspend new sales of certain iPath ETNs while maintaining redemption availability.