MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Stock Price Down 2.7% – Time to Sell?

Shares of MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report) fell 2.7% on Wednesday . The stock traded as low as $18.96 and last traded at $19.41. 4,638,645 shares changed hands during trading, a decline of 19% from the average session volume of 5,757,857 shares. The stock had previously closed at $19.95.

MicroSectors FANG+ 3X Leveraged ETN Price Performance

The stock has a market cap of $77.64 million, a PE ratio of 37.17 and a beta of 4.68. The stock’s fifty day moving average is $24.52 and its 200-day moving average is $26.93.

MicroSectors FANG+ 3X Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.

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