MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Trading 9.3% Higher – Here’s What Happened

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report) traded up 9.3% during mid-day trading on Tuesday . The company traded as high as $22.19 and last traded at $22.2010. 5,909,066 shares were traded during mid-day trading, a decline of 8% from the average session volume of 6,445,441 shares. The stock had previously closed at $20.31.

MicroSectors FANG+ 3X Leveraged ETN Stock Up 0.6%

The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 37.17 and a beta of 4.46. The stock’s fifty day moving average price is $18.44 and its 200-day moving average price is $24.30.

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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