MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Shares Gap Down to $54.04

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report)’s stock price 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 trading hands.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

The firm has a market capitalization of $38.69 billion, a PE ratio of 77.95 and a beta of 3.26. The company’s 50 day simple moving average is $57.58 and its 200-day simple moving average is $48.25.

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.

See Also

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.