MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) shares dropped 2.9% on Wednesday . The stock traded as low as $81.64 and last traded at $81.64. Approximately 12,813 shares were traded during trading, a decline of 54% from the average daily volume of 28,156 shares. The stock had previously closed at $84.05.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The firm’s 50-day simple moving average is $76.62 and its two-hundred day simple moving average is $71.49. The company has a market capitalization of $59.43 billion, a price-to-earnings ratio of 92.44 and a beta of 3.35.
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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