MicroSectors FANG+ ETN (NYSEARCA:FNGS) Sets New 52-Week High – Here’s What Happened

MicroSectors FANG+ ETN (NYSEARCA:FNGSGet Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $80.80 and last traded at $80.65, with a volume of 4341 shares traded. The stock had previously closed at $79.73.

MicroSectors FANG+ ETN Stock Up 0.6%

The firm has a 50-day simple moving average of $74.58 and a 200-day simple moving average of $68.96. The stock has a market cap of $601.35 million, a PE ratio of 35.17 and a beta of 1.32.

Institutional Investors Weigh In On MicroSectors FANG+ ETN

A hedge fund recently bought a new stake in MicroSectors FANG+ ETN stock. Kingswood Wealth Advisors LLC purchased a new stake in shares of MicroSectors FANG+ ETN (NYSEARCA:FNGSFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,183 shares of the company’s stock, valued at approximately $217,000.

MicroSectors FANG+ ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ ETN (FNGS) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee. FNGS was launched on Nov 15, 2019 and is issued by REX Microsectors.

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