MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) shares rose 6.8% during mid-day trading on Tuesday . The company traded as high as $99.56 and last traded at $100.72. Approximately 27,797 shares were traded during trading, an increase of 11% from the average daily volume of 24,971 shares. The stock had previously closed at $94.31.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The firm’s 50-day moving average price is $93.64 and its 200-day moving average price is $79.42. The stock has a market cap of $70.77 billion, a P/E ratio of 92.44 and a beta of 3.35.
MicroSectors FANG+ Index 2X Leveraged ETN Company Profile
The MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund provides 2x the daily price movements of an index of US-listed technology and consumer discretionary companies. The index is highly concentrated and equally weighted. FNGO was launched on Aug 6, 2018 and is issued by REX Microsectors.
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