Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 17,882 shares changed hands during trading, an increase of 83% from the previous session’s volume of 9,781 shares.The stock last traded at $106.7490 and had previously closed at $105.49.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The stock has a market cap of $534.90 million, a price-to-earnings ratio of 38.58 and a beta of 2.36. The firm has a 50 day simple moving average of $120.95 and a two-hundred day simple moving average of $120.29.
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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