Movement Alert｜MicroSectors FANG+ 3X Leveraged ETN Rises 8.05% in Regular Trading, Trading at $28.785

Market Focus

08/04

On August 4, MicroSectors FANG+ 3X Leveraged ETN rose 8.05% in regular trading, trading at $28.785/share, with turnover of $77.07 million.

As a triple-leveraged exchange-traded note tracking the NYSE FANG+ Index, the product amplifies the daily performance of underlying FANG+ constituent stocks by three times, meaning the index components experienced broad-based gains during the session.

The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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