MicroSectors FANG+ ETN (NYSEARCA:FNGS – Get Free Report) shares dropped 6% during mid-day trading on Thursday. The stock traded as low as $71.12 and last traded at $71.78. 71,907 shares were traded during trading, an increase of 75% from the average session volume of 41,007 shares. The stock had previously closed at $76.40.
MicroSectors FANG+ ETN Trading Down 6.0%
The company’s 50-day moving average is $80.73 and its 200 day moving average is $72.77. The stock has a market capitalization of $538.35 million, a PE ratio of 35.17 and a beta of 1.34.
About MicroSectors FANG+ ETN
The MicroSectors FANG+ ETN (FNGS) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee. FNGS was launched on Nov 15, 2019 and is issued by REX Microsectors.
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