Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $138.00, but opened at $152.35. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $152.25, with a volume of 1,657 shares changing hands.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance
The business’s fifty day moving average price is $133.00 and its two-hundred day moving average price is $116.43. The firm has a market capitalization of $755 million, a P/E ratio of 38.58 and a beta of 2.66.
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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