JPMorgan Chase & Co. Has $2.27 Million Holdings in BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU)

JPMorgan Chase & Co. lessened its position in BMO REX MicroSectors FANG Index 3X Leveraged ETN (NYSEARCA:FNGU) by 25.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,547 shares of the company’s stock after selling 1,931 shares during the quarter. JPMorgan Chase & Co.’s holdings in BMO REX MicroSectors FANG Index 3X Leveraged ETN were worth $2,272,000 as of its most recent filing with the SEC.

Separately, DRW Securities LLC acquired a new stake in BMO REX MicroSectors FANG Index 3X Leveraged ETN during the 2nd quarter valued at $226,000.

BMO REX MicroSectors FANG Index 3X Leveraged ETN Stock Up 3.9 %

FNGU opened at $620.03 on Wednesday. BMO REX MicroSectors FANG Index 3X Leveraged ETN has a 12-month low of $250.20 and a 12-month high of $697.87. The firm has a market capitalization of $452.16 billion, a P/E ratio of 123.65 and a beta of 4.82. The stock has a fifty day moving average of $578.27 and a 200-day moving average of $474.30.

About BMO REX MicroSectors FANG Index 3X Leveraged ETN

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.