BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Trading 4.4% Higher

Posted by Teresa Graham on Aug 29th, 2024

BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report)’s share price shot up 4.4% on Thursday . The stock traded as high as $390.46 and last traded at $387.41. 242,805 shares were traded during mid-day trading, a decline of 78% from the average session volume of 1,080,068 shares. The stock had previously closed at $371.08.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Price Performance

The company’s 50-day moving average price is $425.54 and its 200-day moving average price is $367.27. The company has a market cap of $282.82 billion, a P/E ratio of 123.65 and a beta of 4.82.

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

Institutional investors have recently modified their holdings of the company. Whittier Trust Co. acquired a new stake in BMO REX MicroSectors FANG Index 3X Leveraged ETN in the 1st quarter valued at approximately $37,000. VitalStone Financial LLC grew its stake 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 acquiring an additional 96 shares in the last quarter. Finally, DRW Securities LLC acquired a new stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN in the second quarter valued at 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.