BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $15.61 and last traded at $15.63, with a volume of 2040467 shares changing hands. The stock had previously closed at $15.95.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Price Performance
The firm’s fifty day simple moving average is $18.69 and its 200 day simple moving average is $23.22. The company has a market capitalization of $10.56 billion, a PE 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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