MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $26.66 and traded as low as $25.09. MicroSectors FANG+ 3X Leveraged ETN shares last traded at $26.06, with a volume of 3,277,468 shares changing hands.
MicroSectors FANG+ 3X Leveraged ETN Trading Down 9.1%
The firm has a 50-day simple moving average of $33.04 and a two-hundred day simple moving average of $26.66. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 37.17 and a beta of 5.79.
About MicroSectors FANG+ 3X Leveraged ETN
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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