BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Trading Up 6%

BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) shares were up 6% during mid-day trading on Monday . The company traded as high as $457.18 and last traded at $457.07. Approximately 175,595 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 1,073,803 shares. The stock had previously closed at $431.00.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Price Performance

The company has a market capitalization of $335.46 billion, a P/E ratio of 123.65 and a beta of 4.82. The business has a 50-day moving average of $423.42 and a 200-day moving average of $343.83.

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. bought a new position in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 113 shares of the company’s stock, valued at approximately $37,000.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Company 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.