Shares of BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $13.77, but opened at $12.98. BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN shares last traded at $13.11, with a volume of 910,479 shares.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Stock Down 3.2 %
The firm’s fifty day moving average is $16.93 and its two-hundred day moving average is $21.93. The firm has a market cap of $9.58 billion, a P/E ratio of 37.73 and a beta of -5.03.
About BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN
The MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure. FNGD was launched on Jan 25, 2018 and is issued by REX Microsectors.
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