BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Shares Down 3.4% – What’s Next?

Posted by Financial News Live on Nov 27th, 2024

BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) traded down 3.4% during trading on Wednesday . The stock traded as low as $496.81 and last traded at $498.11. 113,656 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 1,004,935 shares. The stock had previously closed at $515.40.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Trading Down 4.7 %

The company’s 50 day moving average is $454.00 and its 200-day moving average is $420.31. The firm has a market capitalization of $358.21 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

An institutional investor recently raised its position in BMO REX MicroSectors FANG Index 3X Leveraged ETN stock. VitalStone Financial LLC boosted its stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU – Free Report) by 245.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 505 shares of the company’s stock after acquiring an additional 359 shares during the period. VitalStone Financial LLC’s holdings in BMO REX MicroSectors FANG Index 3X Leveraged ETN were worth $225,000 at the end of the most recent reporting period.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Company Profile

(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.