GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $73.94, but opened at $69.80. GraniteShares 2x Long AMD Daily ETF shares last traded at $72.8320, with a volume of 445,094 shares trading hands.
GraniteShares 2x Long AMD Daily ETF Stock Down 11.4%
The business’s 50 day moving average is $62.51 and its 200-day moving average is $54.93.
Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF
Hedge funds and other institutional investors have recently modified their holdings of the company. Thrive Wealth Management LLC purchased a new position in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at $238,000. Client First Investment Management LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at $1,097,000. Group One Trading LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF in the first quarter valued at $524,000. IMC Chicago LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF in the first quarter valued at $1,726,000. Finally, Balboa Wealth Partners acquired a new stake in GraniteShares 2x Long AMD Daily ETF in the first quarter valued at $122,000.
About GraniteShares 2x Long AMD Daily ETF
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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