MicroSectors FANG+ ETN (NYSEARCA:FNGS) Trading Down 2.2% – Should You Sell?

MicroSectors FANG+ ETN (NYSEARCA:FNGSGet Free Report) was down 2.2% during trading on Thursday . The company traded as low as $70.09 and last traded at $70.39. Approximately 84,045 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 143,115 shares. The stock had previously closed at $72.00.

MicroSectors FANG+ ETN Trading Down 2.2%

The stock has a market cap of $527.93 million, a P/E ratio of 35.17 and a beta of 1.18. The firm has a 50-day simple moving average of $70.54 and a two-hundred day simple moving average of $65.35.

MicroSectors FANG+ ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ ETN (FNGS) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee. FNGS was launched on Nov 15, 2019 and is issued by REX Microsectors.

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