BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Sets New 12-Month High at $472.10

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

BMO REX MicroSectors FANG Index 3X Leveraged ETN Stock Performance

The business’s 50-day moving average price is $364.36 and its 200-day moving average price is $314.44. The stock has a market cap of $324.60 billion, a P/E ratio of 123.65 and a beta of 4.82.

Institutional Investors Weigh In On 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 stake in shares of BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 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.