MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Trading 6.5% Higher

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) traded up 6.5% on Thursday . The company traded as high as $72.53 and last traded at $72.38. 9,163 shares changed hands during trading, a decline of 70% from the average session volume of 30,164 shares. The stock had previously closed at $67.99.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

The business has a 50 day moving average of $67.72 and a two-hundred day moving average of $64.90. The stock has a market capitalization of $52.48 billion, a PE ratio of 92.44 and a beta of 3.35.

About MicroSectors FANG+ Index 2X Leveraged ETN

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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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