Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) rose 4.8% during mid-day trading on Wednesday . The company traded as high as $75.86 and last traded at $74.86. Approximately 21,670 shares traded hands during trading, a decline of 11% from the average daily volume of 24,370 shares. The stock had previously closed at $71.44.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance
The stock has a fifty day simple moving average of $92.97 and a 200-day simple moving average of $84.18. The stock has a market cap of $374.30 million, a P/E ratio of 37.15 and a beta of 2.49.
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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