MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 16,965 shares traded hands during mid-day trading, a decline of 40% from the previous session’s volume of 28,218 shares.The stock last traded at $81.29 and had previously closed at $84.18.
MicroSectors FANG+ Index 2X Leveraged ETN Trading Down 5.4 %
The company has a market capitalization of $58.08 billion, a price-to-earnings ratio of 92.44 and a beta of 3.35. The firm’s 50 day moving average price is $74.36 and its two-hundred day moving average price is $70.20.
MicroSectors FANG+ Index 2X Leveraged ETN Company Profile
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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