MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report)’s share price gapped down prior to trading on Friday. The stock had previously closed at $135.34, but opened at $121.68. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $123.5110, with a volume of 2,423 shares.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The company has a market cap of $614.88 million, a price-to-earnings ratio of 38.58 and a beta of 2.70. The firm’s fifty day moving average price is $151.92 and its 200-day moving average price is $127.93.
MicroSectors FANG+ Index 2X Leveraged ETN Company Profile
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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