MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Trading 0.8% Higher – What’s Next?

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report)’s share price traded up 0.8% during trading on Monday . The company traded as high as $29.90 and last traded at $29.42. 6,420,439 shares were traded during mid-day trading, a decline of 3% from the average session volume of 6,605,914 shares. The stock had previously closed at $29.20.

MicroSectors FANG+ 3X Leveraged ETN Price Performance

The firm has a market capitalization of $2.40 billion, a P/E ratio of 37.17 and a beta of 5.08. The stock’s fifty day simple moving average is $21.07 and its 200 day simple moving average is $23.83.

MicroSectors FANG+ 3X Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.

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