Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $120.72, but opened at $127.50. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $126.07, with a volume of 300 shares.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
The company’s 50-day moving average is $150.79 and its 200-day moving average is $128.12. The firm has a market capitalization of $621.20 million, a price-to-earnings ratio of 22.09 and a beta of 2.70.
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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