GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $5.39, but opened at $5.79. GraniteShares 2x Long COIN Daily ETF shares last traded at $6.0960, with a volume of 7,707,400 shares trading hands.
GraniteShares 2x Long COIN Daily ETF Price Performance
The business’s fifty day moving average price is $4.96 and its 200-day moving average price is $6.66.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
A number of hedge funds have recently made changes to their positions in the stock. Summit Securities Group LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the 4th quarter valued at $44,000. Group One Trading LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF in the 4th quarter worth $78,000. Peapack Gladstone Financial Corp purchased a new position in GraniteShares 2x Long COIN Daily ETF in the 2nd quarter worth $293,000. Parallel Advisors LLC lifted its stake in GraniteShares 2x Long COIN Daily ETF by 353.3% in the first quarter. Parallel Advisors LLC now owns 6,800 shares of the company’s stock worth $48,000 after purchasing an additional 5,300 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF in the fourth quarter worth $149,000.
GraniteShares 2x Long COIN Daily ETF Company Profile
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
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