BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $13.12, but opened at $12.80. BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN shares last traded at $12.94, with a volume of 479,073 shares changing hands.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Trading Down 4.1 %
The business’s fifty day moving average price is $14.34 and its 200-day moving average price is $19.86. The company has a market capitalization of $9.18 billion, a P/E ratio of 37.73 and a beta of -5.03.
About BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN
The MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure. FNGD was launched on Jan 25, 2018 and is issued by REX Microsectors.
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