GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Trading Up 0.7% – Still a Buy?

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPBGet Free Report)’s share price traded up 0.7% during trading on Wednesday . The company traded as high as $27.35 and last traded at $26.88. 89,712 shares were traded during mid-day trading, a decline of 51% from the average session volume of 182,484 shares. The stock had previously closed at $26.69.

GraniteShares 2x Long AAPL Daily ETF Stock Down 3.0%

The firm has a fifty day simple moving average of $28.87 and a two-hundred day simple moving average of $30.68.

Institutional Trading of GraniteShares 2x Long AAPL Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Woodward Diversified Capital LLC purchased a new stake in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPBFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,767 shares of the company’s stock, valued at approximately $217,000. Woodward Diversified Capital LLC owned approximately 0.77% of GraniteShares 2x Long AAPL Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long AAPL Daily ETF Company Profile

(Get Free Report)

The GraniteShares 1.75x Long AAPL Daily ETF (AAPB) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.75x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPB was launched on Aug 9, 2022 and is managed by GraniteShares.

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