MicroSectors FANG+ Index ETN (NYSEARCA:FNGS – Get Free Report) saw strong trading volume on Thursday . 485,340 shares changed hands during trading, an increase of 251% from the previous session’s volume of 138,265 shares.The stock last traded at $60.47 and had previously closed at $60.17.
MicroSectors FANG+ Index ETN Trading Up 1.2 %
The stock has a 50-day moving average price of $58.49 and a two-hundred day moving average price of $52.87. The stock has a market cap of $44.41 billion, a price-to-earnings ratio of 58.44 and a beta of 1.69.
Institutional Trading of MicroSectors FANG+ Index ETN
A hedge fund recently bought a new stake in MicroSectors FANG+ Index ETN stock. Janney Montgomery Scott LLC purchased a new position in MicroSectors FANG+ Index ETN (NYSEARCA:FNGS – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 51,215 shares of the company’s stock, valued at approximately $2,938,000.
About MicroSectors FANG+ Index ETN
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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