BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) shares saw strong trading volume on Thursday . 666,871 shares were traded during mid-day trading, a decline of 38% from the previous session’s volume of 1,081,053 shares.The stock last traded at $370.84 and had previously closed at $349.50.
BMO REX MicroSectors FANG Index 3X Leveraged ETN Price Performance
The stock has a market capitalization of $265.99 billion, a price-to-earnings ratio of 123.65 and a beta of 4.82. The business has a fifty day moving average of $419.54 and a 200 day moving average of $368.97.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in FNGU. Whittier Trust Co. purchased a new stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN during the first quarter worth $37,000. VitalStone Financial LLC increased its position in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN by 192.0% during the first quarter. VitalStone Financial LLC now owns 146 shares of the company’s stock worth $48,000 after acquiring an additional 96 shares during the period. Finally, DRW Securities LLC purchased a new stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN during the second quarter worth $226,000.
About BMO REX MicroSectors FANG Index 3X Leveraged ETN
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.
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