MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) rose 1.5% during trading on Thursday . The company traded as high as $76.26 and last traded at $76.11. Approximately 12,728 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 28,814 shares. The stock had previously closed at $74.98.
MicroSectors FANG+ Index 2X Leveraged ETN Trading Up 1.5 %
The stock’s 50-day moving average price is $67.88 and its 200-day moving average price is $66.31. The stock has a market cap of $55.50 billion, a price-to-earnings ratio of 92.44 and a beta of 3.35.
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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