MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Trading Up 10.6% – Here’s What Happened

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report)’s stock price traded up 10.6% on Tuesday . The stock traded as high as $31.82 and last traded at $31.8810. 2,455,637 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 6,107,585 shares. The stock had previously closed at $28.83.

MicroSectors FANG+ 3X Leveraged ETN Stock Up 13.9%

The firm has a market capitalization of $2.63 billion, a P/E ratio of 37.17 and a beta of -5.67. The company’s 50 day moving average is $27.90 and its 200-day moving average is $23.77.

MicroSectors FANG+ 3X Leveraged ETN Company Profile

(Get Free Report)

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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