BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Shares Gap Down to $343.00

BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU)’s share price gapped down before the market opened on Monday . The stock had previously closed at $343.00, but opened at $255.71. BMO REX MicroSectors FANG Index 3X Leveraged ETN shares last traded at $297.61, with a volume of 267,045 shares changing hands.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Stock Performance

The stock has a market capitalization of $239.56 billion, a P/E ratio of 123.65 and a beta of 4.82. The firm has a 50-day moving average price of $428.90 and a 200 day moving average price of $356.68.

Institutional Investors Weigh In On 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) by 192.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 146 shares of the company’s stock after acquiring an additional 96 shares during the quarter. VitalStone Financial LLC’s holdings in BMO REX MicroSectors FANG Index 3X Leveraged ETN were worth $48,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.