GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s share price were up 4.3% during mid-day trading on Wednesday . The stock traded as high as $53.00 and last traded at $52.64. 543,746 shares changed hands during trading, a decline of 94% from the average session volume of 8,855,095 shares. The stock had previously closed at $50.46.
GraniteShares 2x Long AMD Daily ETF Price Performance
The firm’s fifty day moving average price is $61.19 and its 200 day moving average price is $41.20.
Institutional Trading of GraniteShares 2x Long AMD Daily ETF
Hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. increased its stake in GraniteShares 2x Long AMD Daily ETF by 36.6% in the 2nd quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock worth $52,000 after acquiring an additional 1,645 shares during the last quarter. Thrive Wealth Management LLC bought a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at approximately $238,000. Vestor Capital LLC grew its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 145.5% in the fourth quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock valued at $159,000 after purchasing an additional 6,074 shares in the last quarter. Balboa Wealth Partners purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the first quarter valued at $122,000. Finally, HUB Investment Partners LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter valued at $108,000.
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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