HUB Investment Partners LLC Buys New Position in GraniteShares 2x Long META Daily ETF $FBL

HUB Investment Partners LLC purchased a new position in shares of GraniteShares 2x Long META Daily ETF (NASDAQ:FBL) during the third quarter, Holdings Channel.com reports. The fund purchased 80,000 shares of the company’s stock, valued at approximately $3,478,000.

Other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC increased its stake in shares of GraniteShares 2x Long META Daily ETF by 164.6% during the first quarter. Jane Street Group LLC now owns 17,428 shares of the company’s stock valued at $531,000 after acquiring an additional 10,841 shares during the period. StoneX Group Inc. bought a new position in GraniteShares 2x Long META Daily ETF during the 2nd quarter valued at $370,000. Walleye Capital LLC acquired a new position in shares of GraniteShares 2x Long META Daily ETF during the 2nd quarter valued at $299,000. Group One Trading LLC raised its stake in shares of GraniteShares 2x Long META Daily ETF by 17.6% in the 3rd quarter. Group One Trading LLC now owns 6,489 shares of the company’s stock worth $282,000 after buying an additional 971 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of GraniteShares 2x Long META Daily ETF by 33.8% in the third quarter. SBI Securities Co. Ltd. now owns 1,971 shares of the company’s stock valued at $86,000 after buying an additional 498 shares during the period.

GraniteShares 2x Long META Daily ETF Stock Down 4.7%

NASDAQ:FBL opened at $29.84 on Friday. GraniteShares 2x Long META Daily ETF has a 52-week low of $20.15 and a 52-week high of $51.72. The business’s 50-day moving average price is $31.45 and its 200 day moving average price is $36.15.

GraniteShares 2x Long META Daily ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were paid a dividend of $0.6742 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) annualized dividend and a yield of 27.1%.

GraniteShares 2x Long META Daily ETF Company Profile

The GraniteShares 1.5x Long Meta Daily ETF (FBL) is an exchange-traded fund that mostly invests in communication services equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Meta Platforms, Inc Class A stock. FBL was launched on Dec 13, 2022 and is managed by GraniteShares.