Shares of MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) were down 5.8% on Tuesday . The stock traded as low as $16.77 and last traded at $16.90. Approximately 6,924,469 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 6,273,559 shares. The stock had previously closed at $17.95.
MicroSectors FANG+ 3X Leveraged ETN Trading Down 9.5%
The business’s 50-day simple moving average is $19.93 and its two-hundred day simple moving average is $25.51. The company has a market capitalization of $61.72 million, a PE ratio of 37.17 and a beta of 4.68.
MicroSectors FANG+ 3X Leveraged ETN Company Profile
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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