BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $20.30, but opened at $19.54. BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN shares last traded at $19.77, with a volume of 142,039 shares changing hands.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Stock Performance
The company has a market cap of $14.29 billion, a P/E ratio of 37.73 and a beta of -5.03. The stock has a 50 day moving average price of $23.40 and a 200 day moving average price of $27.91.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN stock. Whittier Trust Co. of Nevada Inc. purchased a new position in BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,165 shares of the company’s stock, valued at approximately $43,000.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Company Profile
The MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure. FNGD was launched on Jan 25, 2018 and is issued by REX Microsectors.
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