BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) Stock Price Up 5% – Should You Buy?

Posted by Anthony Miller on Jan 30th, 2025

BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) was up 5% during trading on Tuesday . The stock traded as high as $614.94 and last traded at $628.80. Approximately 145,799 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 669,371 shares. The stock had previously closed at $599.00.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Price Performance

The stock has a fifty day moving average price of $596.04 and a two-hundred day moving average price of $479.86. The company has a market cap of $468.47 billion, a P/E ratio of 123.65 and a beta of 4.82.

Institutional Trading of BMO REX MicroSectors FANG Index 3X Leveraged ETN

A hedge fund recently raised its stake in BMO REX MicroSectors FANG Index 3X Leveraged ETN stock. VitalStone Financial LLC grew its position in BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU – Free Report) by 62.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 822 shares of the company’s stock after buying an additional 317 shares during the quarter. VitalStone Financial LLC’s holdings in BMO REX MicroSectors FANG Index 3X Leveraged ETN were worth $337,000 at the end of the most recent quarter.

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.