MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report)’s share price shot up 1.7% during trading on Friday . The stock traded as high as $109.32 and last traded at $109.32. 51,571 shares changed hands during trading, an increase of 96% from the average session volume of 26,350 shares. The stock had previously closed at $107.45.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance
The firm has a 50-day moving average price of $90.07 and a 200 day moving average price of $87.54. The stock has a market capitalization of $546.60 million, a P/E ratio of 38.58 and a beta of 2.54.
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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