MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Sees Large Volume Increase

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 29,563 shares were traded during trading, a decline of 6% from the previous session’s volume of 31,513 shares.The stock last traded at $83.89 and had previously closed at $84.08.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 0.2 %

The business’s fifty day moving average is $67.39 and its 200 day moving average is $58.75. The stock has a market cap of $61.45 billion, a PE 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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