BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Trading Up 3.8%

BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) was up 3.8% during mid-day trading on Monday . The company traded as high as $400.27 and last traded at $399.64. Approximately 142,023 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 1,078,430 shares. The stock had previously closed at $384.87.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Price Performance

The company has a market capitalization of $291.28 billion, a price-to-earnings ratio of 123.65 and a beta of 4.82. The stock has a 50 day moving average price of $429.92 and a two-hundred day moving average price of $350.63.

Institutional Trading of BMO REX MicroSectors FANG Index 3X Leveraged ETN

An institutional investor recently bought a new position in BMO REX MicroSectors FANG Index 3X Leveraged ETN stock. Whittier Trust Co. acquired a new stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 113 shares of the company’s stock, valued at approximately $37,000.

BMO REX MicroSectors FANG Index 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.