MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report)’s share price shot up 6.8% during mid-day trading on Tuesday . The stock traded as high as $99.56 and last traded at $100.72. 27,797 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 24,971 shares. The stock had previously closed at $94.31.
MicroSectors FANG+ Index 2X Leveraged ETN Trading Up 7.4 %
The stock has a 50-day simple moving average of $92.70 and a 200 day simple moving average of $79.01. The stock has a market capitalization of $73.87 billion, a price-to-earnings ratio of 92.44 and a beta of 3.35.
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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