GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) Shares Up 0.9% – Still a Buy?

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) rose 0.9% during mid-day trading on Tuesday. The stock traded as high as $13.23 and last traded at $13.17. Approximately 703,833 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 769,452 shares. The stock had previously closed at $13.05.

GraniteShares 2x Long IONQ Daily ETF Trading Up 11.0%

The firm has a fifty day moving average price of $13.20 and a 200 day moving average price of $20.85.

Institutional Investors Weigh In On GraniteShares 2x Long IONQ Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long IONQ Daily ETF stock. Mirae Asset Securities USA Inc. purchased a new position in GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 40,000 shares of the company’s stock, valued at approximately $432,000. Mirae Asset Securities USA Inc. owned approximately 1.06% of GraniteShares 2x Long IONQ Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About GraniteShares 2x Long IONQ Daily ETF

The Graniteshares ETF Trust – 2X Long IONQ Daily ETF (IONL) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.