MicroSectors FANG+ Index ETN (NYSEARCA:FNGS – Get Free Report) shares dropped 0.8% during mid-day trading on Wednesday . The stock traded as low as $41.99 and last traded at $42.21. Approximately 84,471 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 178,634 shares. The stock had previously closed at $42.56.
MicroSectors FANG+ Index ETN Stock Performance
The business’s 50-day simple moving average is $42.96 and its two-hundred day simple moving average is $38.40.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in MicroSectors FANG+ Index ETN stock. Marshall Wace LLP purchased a new stake in shares of MicroSectors FANG+ Index ETN (NYSEARCA:FNGS – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,846 shares of the company’s stock, valued at approximately $365,000. Marshall Wace LLP owned approximately 0.45% of MicroSectors FANG+ Index ETN as of its most recent SEC filing.
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