MicroSectors FANG+ Index ETN (NYSEARCA:FNGS) Reaches New 1-Year High – Here’s What Happened

Shares of MicroSectors FANG+ Index ETN (NYSEARCA:FNGSGet Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $60.84 and last traded at $60.54, with a volume of 21114 shares trading hands. The stock had previously closed at $60.47.

MicroSectors FANG+ Index ETN Trading Down 0.0 %

The company has a market cap of $44.09 billion, a price-to-earnings ratio of 58.44 and a beta of 1.69. The firm’s fifty day moving average price is $56.89 and its 200-day moving average price is $51.93.

Hedge Funds Weigh In On MicroSectors FANG+ Index ETN

An institutional investor recently bought a new position in MicroSectors FANG+ Index ETN stock. VitalStone Financial LLC bought a new position in MicroSectors FANG+ Index ETN (NYSEARCA:FNGSFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 662 shares of the company’s stock, valued at approximately $33,000.

MicroSectors FANG+ Index 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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