GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s stock price were down 9% during mid-day trading on Thursday . The stock traded as low as $64.73 and last traded at $65.00. Approximately 1,414,547 shares changed hands during trading, a decline of 87% from the average daily volume of 10,575,305 shares. The stock had previously closed at $71.42.
GraniteShares 2x Long AMD Daily ETF Stock Down 10.7%
The firm’s 50-day moving average is $56.79 and its 200 day moving average is $29.79.
Institutional Trading of GraniteShares 2x Long AMD Daily ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. increased its stake in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% during 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. Vestor Capital LLC increased its position in GraniteShares 2x Long AMD Daily ETF by 145.5% during the fourth quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock worth $159,000 after buying an additional 6,074 shares in the last quarter. Balboa Wealth Partners acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF in the first quarter worth $122,000. HUB Investment Partners LLC acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter worth $108,000. Finally, Financial Engines Advisors L.L.C. purchased a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter valued at $149,000.
GraniteShares 2x Long AMD Daily ETF Company Profile
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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