Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $121.18 and last traded at $120.90, with a volume of 3484 shares traded. The stock had previously closed at $117.74.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The stock’s 50-day simple moving average is $111.52 and its 200 day simple moving average is $92.42. The stock has a market capitalization of $592.05 million, a P/E ratio of 38.58 and a beta of 2.54.
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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