Shares of MicroSectors FANG+ ETN (NYSEARCA:FNGS – Get Free Report) saw unusually-high trading volume on Monday . Approximately 34,202 shares changed hands during mid-day trading, a decline of 34% from the previous session’s volume of 52,011 shares.The stock last traded at $74.1710 and had previously closed at $73.43.
MicroSectors FANG+ ETN Price Performance
The stock’s 50-day moving average price is $70.11 and its 200-day moving average price is $67.61. The company has a market cap of $559.61 million, a P/E ratio of 35.17 and a beta of 1.31.
Institutional Investors Weigh In On MicroSectors FANG+ ETN
An institutional investor recently bought a new position in MicroSectors FANG+ ETN stock. Kingswood Wealth Advisors LLC purchased a new position in shares of MicroSectors FANG+ ETN (NYSEARCA:FNGS – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,183 shares of the company’s stock, valued at approximately $217,000.
MicroSectors FANG+ ETN Company Profile
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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