GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s share price were down 6.5% during mid-day trading on Tuesday . The company traded as low as $44.94 and last traded at $45.27. Approximately 448,128 shares were traded during trading, a decline of 95% from the average daily volume of 8,679,929 shares. The stock had previously closed at $48.41.
GraniteShares 2x Long AMD Daily ETF Price Performance
The firm’s 50 day moving average price is $58.59 and its 200-day moving average price is $42.66.
Institutional Trading of GraniteShares 2x Long AMD Daily ETF
Institutional investors have recently bought and sold shares of the business. Thrive Wealth Management LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at $238,000. Osaic Holdings Inc. grew its stake in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% during the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock worth $52,000 after purchasing an additional 1,645 shares during the period. Balboa Wealth Partners acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the first quarter worth $122,000. Vestor Capital LLC increased its holdings in GraniteShares 2x Long AMD Daily ETF by 145.5% in the fourth quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock valued at $159,000 after purchasing an additional 6,074 shares during the last quarter. Finally, HUB Investment Partners LLC bought a new stake in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at about $108,000.
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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