MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Hits New 52-Week High at $82.59

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $82.59 and last traded at $82.41, with a volume of 3371 shares trading hands. The stock had previously closed at $81.45.

MicroSectors FANG+ Index 2X Leveraged ETN Trading Up 2.1 %

The company has a market capitalization of $60.64 billion, a price-to-earnings ratio of 92.44 and a beta of 3.35. The firm’s 50 day simple moving average is $65.74 and its 200-day simple moving average is $57.78.

About MicroSectors FANG+ Index 2X Leveraged ETN

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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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