GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $62.67, but opened at $58.53. GraniteShares 2x Long AMD Daily ETF shares last traded at $52.7560, with a volume of 1,440,706 shares trading hands.
GraniteShares 2x Long AMD Daily ETF Stock Performance
The company’s fifty day moving average is $64.25 and its 200-day moving average is $46.44.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
A number of hedge funds have recently made changes to their positions in AMDL. Simplex Trading LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the third quarter worth approximately $819,000. StoneX Group Inc. acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 3rd quarter worth about $688,000. SBI Securities Co. Ltd. grew its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 18.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 4,014 shares of the company’s stock valued at $317,000 after buying an additional 621 shares during the period. Thrive Wealth Management LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth $238,000. Finally, Client First Investment Management LLC bought a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at about $1,097,000.
GraniteShares 2x Long AMD Daily ETF Company Profile
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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