MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Shares Gap Up – Here’s What Happened

Shares of MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $26.26, but opened at $28.60. MicroSectors FANG+ 3X Leveraged ETN shares last traded at $28.9880, with a volume of 1,108,494 shares changing hands.

MicroSectors FANG+ 3X Leveraged ETN Stock Performance

The stock’s fifty day moving average price is $26.28 and its 200-day moving average price is $23.81. The company has a market capitalization of $2.37 billion, a P/E ratio of 37.17 and a beta of 5.99.

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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