MicroSectors FANG+ Index ETN (NYSEARCA:FNGS) Shares Down 0.8%

MicroSectors FANG+ Index ETN (NYSEARCA:FNGS) shares were down 0.8% on Wednesday . The company traded as low as $41.99 and last traded at $42.21. Approximately 84,471 shares changed hands during trading, a decline of 53% from the average daily volume of 178,634 shares. The stock had previously closed at $42.56.

MicroSectors FANG+ Index ETN Trading Down 3.8 %

The stock has a fifty day moving average price of $42.96 and a two-hundred day moving average price of $38.42.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MicroSectors FANG+ Index ETN stock. Marshall Wace LLP acquired a new position in shares of MicroSectors FANG+ Index ETN (NYSEARCA:FNGS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 10,846 shares of the company’s stock, valued at approximately $365,000. Marshall Wace LLP owned approximately 0.45% of MicroSectors FANG+ Index ETN as of its most recent filing with the Securities and Exchange Commission.