Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $80.30, but opened at $76.66. GraniteShares 2x Long AMD Daily ETF shares last traded at $80.3630, with a volume of 858,269 shares.
GraniteShares 2x Long AMD Daily ETF Stock Up 3.3%
The firm has a 50 day moving average of $55.84 and a 200 day moving average of $47.74.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in AMDL. IMC Chicago LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF in the 1st quarter worth about $1,726,000. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the first quarter worth about $524,000. Client First Investment Management LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter worth about $1,097,000. Balboa Wealth Partners bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the first quarter valued at approximately $122,000. Finally, Thrive Wealth Management LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter valued at approximately $238,000.
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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