BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Reaches New 52-Week High at $472.10

Shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) reached a new 52-week high on Friday . The company traded as high as $472.10 and last traded at $461.44, with a volume of 359622 shares. The stock had previously closed at $455.03.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Stock Performance

The business has a 50 day moving average of $360.62 and a two-hundred day moving average of $312.06. The firm has a market capitalization of $324.60 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 bought a new position in BMO REX MicroSectors FANG Index 3X Leveraged ETN stock. Whittier Trust Co. acquired a new stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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.