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Tech leveraged ETNs FNGO and FNGU hit new highs, while inverse ETN BERZ hit a 52-week low.
FNGO, an ETN that tracks the NYSE FANG+ index with 2x leverage, hit a 52-week high of $102.00 on Monday.
Meanwhile, FNGU, a 3x leveraged ETN tracking the same tech companies, reached a new 1-year high at $660.00, up 3.5%.
Institutional investors increased their FNGU holdings by 245.9% in the second quarter.
Conversely, BERZ, a -3x inverse leveraged ETN based on the Solactive FANG Innovation index, hit a 52-week low at $11.65.
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Las ETN FNGO y FNGU con apalancamiento tecnológico alcanzaron nuevos máximos, mientras que la ETN inversa BERZ alcanzó un mínimo de 52 semanas.