Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) traded up 1.6% during trading on Monday . The company traded as high as $111.81 and last traded at $111.10. 29,104 shares were traded during mid-day trading, an increase of 8% from the average session volume of 27,038 shares. The stock had previously closed at $109.40.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance
The business’s 50 day moving average is $100.31 and its 200-day moving average is $88.68. The firm has a market capitalization of $555.50 million, a price-to-earnings ratio of 38.58 and a beta of 2.54.
About MicroSectors FANG+ Index 2X Leveraged ETN
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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