MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report)’s share price fell 7.6% during mid-day trading on Monday . The stock traded as low as $27.19 and last traded at $27.1240. 2,338,890 shares changed hands during trading, a decline of 64% from the average daily volume of 6,465,085 shares. The stock had previously closed at $29.36.
MicroSectors FANG+ 3X Leveraged ETN Price Performance
The stock’s 50-day simple moving average is $27.44 and its 200 day simple moving average is $23.79. The stock has a market capitalization of $2.17 billion, a P/E ratio of 37.17 and a beta of 6.14.
MicroSectors FANG+ 3X Leveraged ETN Company Profile
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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