MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) rose 5.1% on Wednesday . The company traded as high as $100.00 and last traded at $96.19. Approximately 10,547 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 28,115 shares. The stock had previously closed at $91.56.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The firm has a 50-day moving average of $80.99 and a 200-day moving average of $73.57. The stock has a market cap of $71.98 billion, a PE 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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