MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Stock Price Up 1.6% – Here’s Why

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) traded up 1.6% on Tuesday . The company traded as high as $116.21 and last traded at $115.99. 10,405 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 11,268 shares. The stock had previously closed at $114.19.

MicroSectors FANG+ Index 2X Leveraged ETN Trading Up 1.6%

The stock has a market cap of $579.95 million, a P/E ratio of 38.58 and a beta of 2.36. The company’s 50 day moving average price is $124.89 and its two-hundred day moving average price is $119.80.

MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

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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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