MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Trading Down 2.2% – Here’s What Happened

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report)’s stock price fell 2.2% during trading on Monday . The stock traded as low as $27.65 and last traded at $28.34. Approximately 4,853,404 shares changed hands during trading, a decline of 2% from the average session volume of 4,949,716 shares. The stock had previously closed at $28.99.

MicroSectors FANG+ 3X Leveraged ETN Price Performance

The business’s fifty day moving average price is $29.84 and its two-hundred day moving average price is $130.42. The stock has a market capitalization of $110.68 million, a PE ratio of 37.17 and a beta of 4.68.

MicroSectors FANG+ 3X Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.

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