Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Trading Up 5.5% – What’s Next?

Shares of Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMGGet Free Report) shot up 5.5% on Friday . The company traded as high as $35.85 and last traded at $34.09. 2,135,450 shares changed hands during trading, an increase of 50% from the average session volume of 1,423,769 shares. The stock had previously closed at $32.30.

Leverage Shares 2X Long ARM Daily ETF Trading Up 5.5%

The company has a 50-day moving average price of $13.63 and a two-hundred day moving average price of $9.76.

Institutional Trading of Leverage Shares 2X Long ARM Daily ETF

An institutional investor recently bought a new position in Leverage Shares 2X Long ARM Daily ETF stock. Hollencrest Capital Management bought a new position in Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMGFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $28,000. Hollencrest Capital Management owned approximately 0.10% of Leverage Shares 2X Long ARM Daily ETF at the end of the most recent reporting period.

About Leverage Shares 2X Long ARM Daily ETF

(Get Free Report)

The Leverage Shares 2X Long ARM Daily ETF (ARMG) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of ARM Holdings stock, less fees, and expenses. ARMG was launched on Jan 14, 2025 and is issued by Leverage Shares.

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