GraniteShares 2x Long COIN Daily ETF $CONL Shares Sold by UBS Group AG

UBS Group AG lessened its position in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) by 11.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,737,269 shares of the company’s stock after selling 214,110 shares during the period. UBS Group AG’s holdings in GraniteShares 2x Long COIN Daily ETF were worth $25,451,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Peapack Gladstone Financial Corp acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF during the 2nd quarter worth $293,000. Scientech Research LLC purchased a new stake in GraniteShares 2x Long COIN Daily ETF in the 3rd quarter valued at about $388,000. Austin Wealth Management LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 4th quarter worth about $662,000. Stevens Capital Management LP purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 3rd quarter worth about $905,000. Finally, Jump Financial LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 2nd quarter worth about $1,248,000.

GraniteShares 2x Long COIN Daily ETF Price Performance

GraniteShares 2x Long COIN Daily ETF stock opened at $8.82 on Monday. The stock’s 50 day moving average price is $8.32 and its 200 day moving average price is $15.19. GraniteShares 2x Long COIN Daily ETF has a one year low of $5.02 and a one year high of $72.35.

GraniteShares 2x Long COIN Daily ETF Company Profile

The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.