MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report)’s stock price fell 3.9% during mid-day trading on Tuesday . The company traded as low as $131.08 and last traded at $131.55. 24,753 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 24,888 shares. The stock had previously closed at $136.82.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Down 3.9%
The firm has a market cap of $657.75 million, a price-to-earnings ratio of 38.58 and a beta of 2.36. The stock has a fifty day moving average price of $125.37 and a 200-day moving average price of $108.66.
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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