MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Shares Gap Down to $62.88

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $62.88, but opened at $53.17. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $56.80, with a volume of 18,913 shares changing hands.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

The stock has a market capitalization of $41.57 billion, a PE ratio of 92.44 and a beta of 3.35. The firm has a 50 day moving average of $71.37 and a 200-day moving average of $62.34.

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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