MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report)’s share price traded down 2.6% during trading on Monday . The company traded as low as $27.68 and last traded at $27.90. 4,478,053 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 6,364,563 shares. The stock had previously closed at $28.64.
MicroSectors FANG+ 3X Leveraged ETN Stock Performance
The firm’s 50 day simple moving average is $28.49 and its 200-day simple moving average is $23.64. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 37.17 and a beta of 6.63.
About MicroSectors FANG+ 3X Leveraged ETN
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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