GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $68.65 and last traded at $64.69, with a volume of 5759035 shares changing hands. The stock had previously closed at $66.90.
GraniteShares 2x Long AMD Daily ETF Price Performance
The firm has a 50-day moving average price of $32.67 and a 200-day moving average price of $21.62.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
A number of hedge funds have recently bought and sold shares of AMDL. Osaic Holdings Inc. boosted its stake in GraniteShares 2x Long AMD Daily ETF by 36.6% in the 2nd quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock worth $52,000 after purchasing an additional 1,645 shares in the last quarter. HUB Investment Partners LLC bought a new position in GraniteShares 2x Long AMD Daily ETF in the 2nd quarter worth about $108,000. Balboa Wealth Partners bought a new position in GraniteShares 2x Long AMD Daily ETF in the 1st quarter worth about $122,000. Financial Engines Advisors L.L.C. bought a new position in GraniteShares 2x Long AMD Daily ETF in the 3rd quarter worth about $149,000. Finally, CreativeOne Wealth LLC bought a new position in GraniteShares 2x Long AMD Daily ETF in the 3rd quarter worth about $157,000.
About GraniteShares 2x Long AMD Daily ETF
The GraniteShares 2x Long AMD Daily ETF (AMDL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.
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