BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Shares Sold by FNY Investment Advisers LLC

FNY Investment Advisers LLC cut its position in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) by 90.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 316 shares of the company’s stock after selling 2,841 shares during the quarter. FNY Investment Advisers LLC’s holdings in BMO REX MicroSectors FANG Index 3X Leveraged ETN were worth $184,000 at the end of the most recent quarter.

Separately, DRW Securities LLC acquired a new stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN during the 2nd quarter worth approximately $226,000.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Stock Performance

FNGU opened at $544.60 on Wednesday. The stock has a market capitalization of $397.15 billion, a PE ratio of 123.65 and a beta of 4.82. BMO REX MicroSectors FANG Index 3X Leveraged ETN has a one year low of $216.78 and a one year high of $697.87. The business’s 50 day moving average price is $568.06 and its 200 day moving average price is $470.60.

BMO REX MicroSectors FANG Index 3X Leveraged ETN 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.