MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Reaches New 1-Year High – What’s Next?

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $86.37 and last traded at $86.37, with a volume of 15023 shares. The stock had previously closed at $84.72.

MicroSectors FANG+ Index 2X Leveraged ETN Trading Down 0.8 %

The business has a 50-day moving average of $73.59 and a 200 day moving average of $69.84. The firm has a market capitalization of $61.38 billion, a P/E ratio of 92.44 and a beta of 3.35.

MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

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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.

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