MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Reaches New 1-Year High – What’s Next?

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) shares reached a new 52-week high on Tuesday. The stock traded as high as $36.81 and last traded at $36.6690, with a volume of 524496 shares changing hands. The stock had previously closed at $35.74.

MicroSectors FANG+ 3X Leveraged ETN Price Performance

The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 37.17 and a beta of 5.79. The firm’s fifty day moving average price is $32.82 and its two-hundred day moving average price is $28.06.

About MicroSectors FANG+ 3X Leveraged ETN

(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.

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