MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $128.21 and traded as low as $125.36. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $127.05, with a volume of 1,576 shares changing hands.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance
The stock has a market capitalization of $635.25 million, a P/E ratio of 22.09 and a beta of 2.70. The business has a fifty day simple moving average of $150.29 and a 200-day simple moving average of $128.21.
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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