MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) fell 15% during mid-day trading on Friday . The stock traded as low as $26.72 and last traded at $27.3330. 8,274,241 shares traded hands during trading, an increase of 27% from the average session volume of 6,497,164 shares. The stock had previously closed at $32.16.
MicroSectors FANG+ 3X Leveraged ETN Trading Down 16.1%
The firm has a market cap of $2.16 billion, a P/E ratio of 37.17 and a beta of 5.82. The firm has a 50-day simple moving average of $25.12 and a 200-day simple moving average of $23.86.
MicroSectors FANG+ 3X Leveraged ETN Company Profile
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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