MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report)’s share price was down 8.5% during mid-day trading on Tuesday . The stock traded as low as $21.52 and last traded at $21.58. Approximately 6,979,723 shares were traded during mid-day trading, an increase of 56% from the average daily volume of 4,480,530 shares. The stock had previously closed at $23.59.
MicroSectors FANG+ 3X Leveraged ETN Stock Performance
The company has a market capitalization of $86.32 million, a price-to-earnings ratio of 37.17 and a beta of 4.68. The business’s 50-day simple moving average is $26.80 and its 200-day simple moving average is $27.27.
MicroSectors FANG+ 3X Leveraged ETN Company Profile
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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