GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $61.66, but opened at $65.00. GraniteShares 2x Long AMD Daily ETF shares last traded at $62.17, with a volume of 1,131,924 shares trading hands.
GraniteShares 2x Long AMD Daily ETF Stock Performance
The company has a 50 day moving average price of $40.92 and a 200-day moving average price of $24.12.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
Hedge funds have recently made changes to their positions in the business. UBS Group AG increased its stake in shares of GraniteShares 2x Long AMD Daily ETF by 48.1% during the fourth quarter. UBS Group AG now owns 1,500,000 shares of the company’s stock valued at $23,325,000 after buying an additional 487,097 shares during the period. Group One Trading LLC boosted its position in shares of GraniteShares 2x Long AMD Daily ETF by 261.5% during the second quarter. Group One Trading LLC now owns 743,626 shares of the company’s stock valued at $6,328,000 after purchasing an additional 537,911 shares in the last quarter. NewEdge Advisors LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the second quarter valued at approximately $359,000. Flow Traders U.S. LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the third quarter valued at approximately $276,000. Finally, StoneX Group Inc. bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the second quarter valued at approximately $170,000.
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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