Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Tech leveraged ETNs FNGO and FNGU hit new highs, while inverse ETN BERZ hit a 52-week low.

flag FNGO, an ETN that tracks the NYSE FANG+ index with 2x leverage, hit a 52-week high of $102.00 on Monday. flag Meanwhile, FNGU, a 3x leveraged ETN tracking the same tech companies, reached a new 1-year high at $660.00, up 3.5%. flag Institutional investors increased their FNGU holdings by 245.9% in the second quarter. flag Conversely, BERZ, a -3x inverse leveraged ETN based on the Solactive FANG Innovation index, hit a 52-week low at $11.65.

6 Articles

Further Reading