MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $53.05, but opened at $55.81. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $55.55, with a volume of 4,982 shares changing hands.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 7.0 %
The company’s fifty day moving average is $57.47 and its two-hundred day moving average is $48.51. The firm has a market capitalization of $41.39 billion, a price-to-earnings 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.
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