MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Sees Large Volume Increase

Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) saw an uptick in trading volume on Friday . 16,490 shares traded hands during mid-day trading, a decline of 48% from the previous session’s volume of 31,416 shares.The stock last traded at $63.58 and had previously closed at $66.18.

MicroSectors FANG+ Index 2X Leveraged ETN Trading Down 6.4 %

The firm has a market capitalization of $45.18 billion, a price-to-earnings ratio of 92.44 and a beta of 3.35. The stock has a fifty day moving average price of $71.69 and a 200-day moving average price of $61.85.

MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

(Get Free Report)

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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