Sanctuary Advisors LLC Purchases New Holdings in Direxion Daily NYSE FANG+ Bull 2X Shares (NYSEARCA:FNGG)

Sanctuary Advisors LLC acquired a new position in Direxion Daily NYSE FANG+ Bull 2X Shares (NYSEARCA:FNGG) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 1,152 shares of the company’s stock, valued at approximately $217,000.

Separately, Virtu Financial LLC bought a new position in shares of Direxion Daily NYSE FANG+ Bull 2X Shares during the third quarter valued at $4,626,000.

Direxion Daily NYSE FANG+ Bull 2X Shares Price Performance

Shares of Direxion Daily NYSE FANG+ Bull 2X Shares stock opened at $162.94 on Thursday. Direxion Daily NYSE FANG+ Bull 2X Shares has a 1 year low of $98.65 and a 1 year high of $204.81. The firm’s 50-day moving average is $187.02 and its 200 day moving average is $165.19. The stock has a market cap of $86.33 million, a price-to-earnings ratio of 36.33 and a beta of 2.58.

Direxion Daily NYSE FANG+ Bull 2X Shares Profile

The Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) is an exchange-traded fund that is based on the ICE FANG 20 index. The fund provides 2x the daily price movements of an equal-weighted index consists of FANG stocks and other growth stocks of technology and tech-enabled companies. FNGG was launched on Sep 30, 2021 and is managed by Direxion.