GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares traded up 7.8% during mid-day trading on Tuesday. The company traded as high as $4.78 and last traded at $4.9250. 3,984,712 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 19,282,895 shares. The stock had previously closed at $4.57.
GraniteShares 2x Long COIN Daily ETF Price Performance
The stock has a 50-day moving average of $5.52 and a two-hundred day moving average of $6.03.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
Several institutional investors have recently added to or reduced their stakes in the business. Avior Wealth Management LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF in the 3rd quarter worth approximately $69,000. Parallel Advisors LLC raised its stake in shares of GraniteShares 2x Long COIN Daily ETF by 353.3% during the first quarter. Parallel Advisors LLC now owns 6,800 shares of the company’s stock valued at $48,000 after acquiring an additional 5,300 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of GraniteShares 2x Long COIN Daily ETF by 58.0% in the first quarter. NewEdge Advisors LLC now owns 16,075 shares of the company’s stock worth $113,000 after purchasing an additional 5,900 shares during the last quarter. Optiver Holding B.V. increased its holdings in GraniteShares 2x Long COIN Daily ETF by 232.2% during the 1st quarter. Optiver Holding B.V. now owns 129,394 shares of the company’s stock valued at $906,000 after purchasing an additional 90,448 shares during the period. Finally, Group One Trading LLC raised its position in GraniteShares 2x Long COIN Daily ETF by 431.4% during the 1st quarter. Group One Trading LLC now owns 28,288 shares of the company’s stock valued at $198,000 after purchasing an additional 22,965 shares during the last quarter.
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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