MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Sees Strong Trading Volume – Here’s What Happened

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) saw strong trading volume on Tuesday . 23,877 shares traded hands during mid-day trading, a decline of 15% from the previous session’s volume of 28,127 shares.The stock last traded at $100.86 and had previously closed at $103.75.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Down 1.7 %

The firm has a market cap of $74.35 billion, a P/E ratio of 92.44 and a beta of 3.35. The company’s 50 day simple moving average is $82.16 and its 200-day simple moving average is $74.24.

MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

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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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