BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Shares Up 4.3%

BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) traded up 4.3% during mid-day trading on Tuesday . The company traded as high as $494.39 and last traded at $493.54. 744,337 shares changed hands during trading, a decline of 31% from the average session volume of 1,082,925 shares. The stock had previously closed at $473.35.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Trading Up 4.6 %

The stock’s fifty day moving average price is $368.58 and its 200-day moving average price is $316.89. The firm has a market cap of $361.04 billion, a price-to-earnings ratio of 123.65 and a beta of 4.82.

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

A hedge fund recently bought a new stake in BMO REX MicroSectors FANG Index 3X Leveraged ETN stock. Whittier Trust Co. acquired a new position in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 113 shares of the company’s stock, valued at approximately $37,000.

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.