Movement Alert｜MicroSectors FANG+ 3X Leveraged ETN Rises 8.2% in Regular Trading, Trading at $35.7175

Market Focus

Sep 22

On September 22, MicroSectors FANG+ 3X Leveraged ETN rose 8.2% in regular trading, trading at $35.7175 USD/share, with turnover of approximately $96.07 million.

As a triple-leveraged exchange-traded note tracking the NYSE FANG+ Index, the product amplifies daily movements of the underlying index by a factor of three. The intraday gain reflects a broad rally among major technology and internet bellwether constituents within the FANG+ Index, with the leveraged structure magnifying the resulting price action.

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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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