MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Stock Price Down 0.5% – What’s Next?

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU)’s stock price traded down 0.5% during trading on Tuesday . The company traded as low as $25.83 and last traded at $25.89. 1,497,508 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 4,866,567 shares. The stock had previously closed at $26.01.

MicroSectors FANG+ 3X Leveraged ETN Trading Down 0.5%

The business’s 50-day moving average is $28.86 and its two-hundred day moving average is $44.55. The firm has a market cap of $103.56 million, a P/E ratio of 37.17 and a beta of 4.68.

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.