MicroSectors FANG+ ETN (NYSEARCA:FNGS) Trading Up 1% – Here’s Why

MicroSectors FANG+ ETN (NYSEARCA:FNGSGet Free Report) shares rose 1% on Friday . The company traded as high as $72.29 and last traded at $71.92. Approximately 33,646 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 138,495 shares. The stock had previously closed at $71.23.

MicroSectors FANG+ ETN Price Performance

The stock’s 50 day simple moving average is $70.77 and its two-hundred day simple moving average is $66.94. The firm has a market cap of $539.40 million, a P/E ratio of 35.17 and a beta of 1.18.

MicroSectors FANG+ ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ ETN (FNGS) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee. FNGS was launched on Nov 15, 2019 and is issued by REX Microsectors.

Further Reading

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