Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $218.62 to $222.87
• 50-Day Range: $188.55 to $220.53
• 52-Week Range: $96.49 to $229.60
• Volume: 6,022 shs
• Average Volume: 27,839 shs
• Market Capitalization: $140.55 million
• Assets Under Management: $127.06 million
• Dividend Yield: 0.67%
• Net Expense Ratio: 0.96%
• Aggregate Rating: Moderate Buy

FNGG ETF - Frequently Asked Questions

How have FNGG shares performed this year?

Direxion Daily NYSE FANG+ Bull 2X Shares' stock was trading at $179.99 at the start of the year. Since then, FNGG shares have increased by 21.6% and is now trading at $218.95.

When did Direxion Daily NYSE FANG+ Bull 2X Shares' stock split?

Direxion Daily NYSE FANG+ Bull 2X Shares shares reverse split on the morning of Monday, February 13th 2023.The 1-10 reverse split was announced on Monday, February 13th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, February 13th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Direxion Daily NYSE FANG+ Bull 2X Shares' major shareholders?

Top institutional shareholders of Direxion Daily NYSE FANG+ Bull 2X Shares include Belvedere Trading LLC, SBI Securities Co. Ltd. (2.25%) and Simplex Trading LLC (0.64%).

How do I buy shares of Direxion Daily NYSE FANG+ Bull 2X Shares?

Shares of FNGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Direxion Daily NYSE FANG+ Bull 2X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily NYSE FANG+ Bull 2X Shares investors own include Roku (ROKU), Shopify (SHOP), Pinterest (PINS), Docusign (DOCU), Fiverr International (FVRR), Mastercard (MA) and Opendoor Technologies (OPEN).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily NYSE FANG+ Bull 2X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FNGG
• Inception Date: 9/30/2021
• Fund Manager: Paul Brigandi, Tony Ng
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: NYSE FANG+ Index
• Category: Strategy
• Focus: Theme
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 22

Fund Statistics

• Assets Under Management: $128.06 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.31%
• Leveraged: 2.00

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Rafferty Asset Management, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: Optionable
• Options Volume: 3
• Put Options: 3
• Call Options: 3
• Short Interest: 43,300 shs

Miscellaneous

• Outstanding Shares: 630,000
• Beta: 2.55
• Creation Unit: 50,000
• Creation Fee: $250.00