Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $130.28, but opened at $121.20. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $121.4240, with a volume of 936 shares traded.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The business’s 50 day moving average price is $130.45 and its 200-day moving average price is $114.08. The firm has a market capitalization of $608.12 million, a price-to-earnings ratio of 38.58 and a beta of 2.64.
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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