MicroSectors FANG+ ETN (NYSEARCA:FNGS) Stock Falls 6% – What’s Next?

Shares of MicroSectors FANG+ ETN (NYSEARCA:FNGS – Get Free Report) fell 6% during trading on Thursday. The stock traded as low as $71.12 and last traded at $71.78. Approximately 71,907 shares were traded during mid-day trading, an increase of 75% from the average daily volume of 41,007 shares. The stock had previously closed at $76.40.

MicroSectors FANG+ ETN Trading Up 1.1%

The company has a market capitalization of $544.35 million, a PE ratio of 22.09 and a beta of 1.34. The firm’s 50-day simple moving average is $80.57 and its 200-day simple moving average is $72.81.

About MicroSectors FANG+ ETN

(Get Free Report)

The MicroSectors FANG+ ETN (FNGS) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee. FNGS was launched on Nov 15, 2019 and is issued by REX Microsectors.

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