MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $54.04, but opened at $50.45. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $52.15, with a volume of 4,626 shares changing hands.
MicroSectors FANG+ Index 2X Leveraged ETN Trading Up 7.0 %
The company has a 50 day simple moving average of $57.47 and a 200 day simple moving average of $48.43. The stock has a market capitalization of $41.39 billion, a PE ratio of 77.95 and a beta of 3.26.
MicroSectors FANG+ Index 2X Leveraged ETN Company Profile
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.
Further Reading
- Five stocks we like better than MicroSectors FANG+ Index 2X Leveraged ETN
- Upcoming IPO Stock Lockup Period, Explained
- 3 Stocks Leading the U.S. Agriculture Comeback
- Utilities Stocks Explained – How and Why to Invest in Utilities
- How to Use Put Debit Spreads to Profit From Falling Stocks
- Investing in Travel Stocks Benefits
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for MicroSectors FANG+ Index 2X Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG+ Index 2X Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.