MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Shares Gap Down – Here’s What Happened

Shares of MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $28.47, but opened at $25.78. MicroSectors FANG+ 3X Leveraged ETN shares last traded at $26.2360, with a volume of 1,002,627 shares trading hands.

MicroSectors FANG+ 3X Leveraged ETN Stock Down 8.0%

The stock has a 50 day moving average of $28.61 and a 200 day moving average of $23.69. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 37.17 and a beta of 6.53.

MicroSectors FANG+ 3X Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.

Featured Stories

Receive News & Ratings for MicroSectors FANG+ 3X Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG+ 3X Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.