Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX – Free Report) by 189.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,099 shares of the company’s stock after purchasing an additional 39,958 shares during the period. Optiver Holding B.V. owned approximately 1.38% of GraniteShares 2x Long BABA Daily ETF worth $1,508,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC boosted its holdings in GraniteShares 2x Long BABA Daily ETF by 4.9% during the 1st quarter. Jane Street Group LLC now owns 18,747 shares of the company’s stock valued at $668,000 after acquiring an additional 876 shares during the period. Simplex Trading LLC acquired a new stake in shares of GraniteShares 2x Long BABA Daily ETF during the fourth quarter worth about $87,000. Tower Research Capital LLC TRC acquired a new stake in shares of GraniteShares 2x Long BABA Daily ETF during the second quarter worth about $69,000. Scientech Research LLC purchased a new position in shares of GraniteShares 2x Long BABA Daily ETF in the third quarter valued at approximately $213,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of GraniteShares 2x Long BABA Daily ETF in the third quarter valued at approximately $222,000.
GraniteShares 2x Long BABA Daily ETF Stock Performance
Shares of BABX stock opened at $21.86 on Friday. GraniteShares 2x Long BABA Daily ETF has a fifty-two week low of $12.70 and a fifty-two week high of $66.00. The company has a 50 day moving average price of $19.12 and a 200 day moving average price of $28.28.
GraniteShares 2x Long BABA Daily ETF Profile
The GraniteShares 1.75x Long BABA Daily ETF (BABX) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 1.75x leveraged exposure, less fees and expenses, to the daily price movement for shares of Alibaba Group Holding Limited stock. BABX was launched on Dec 13, 2022 and is managed by GraniteShares.
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