BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Shares Gap Up to $316.80

Posted by Adam Masters on Sep 11th, 2024

Shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $316.80, but opened at $328.72. BMO REX MicroSectors FANG Index 3X Leveraged ETN shares last traded at $331.54, with a volume of 131,997 shares.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Trading Up 4.4 %

The company has a market cap of $251.17 billion, a P/E ratio of 123.65 and a beta of 4.82. The company’s 50-day moving average price is $409.18 and its two-hundred day moving average price is $369.93.

Institutional Investors Weigh In On BMO REX MicroSectors FANG Index 3X Leveraged ETN

Institutional investors have recently made changes to their positions in the company. Whittier Trust Co. bought a new position in BMO REX MicroSectors FANG Index 3X Leveraged ETN in the first quarter worth about $37,000. VitalStone Financial LLC raised its position in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN by 192.0% during the 1st quarter. VitalStone Financial LLC now owns 146 shares of the company’s stock worth $48,000 after purchasing an additional 96 shares during the period. Finally, DRW Securities LLC bought a new stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN in the 2nd quarter worth approximately $226,000.

About BMO REX MicroSectors FANG Index 3X Leveraged ETN

(Get Free Report)

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.