GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Stock Price Down 0.2% – Here’s Why

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP)’s stock price traded down 0.2% on Friday . The stock traded as low as $1.4850 and last traded at $1.5122. 1,226,805 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 1,013,309 shares. The stock had previously closed at $1.5154.

GraniteShares 2x Long MSTR Daily ETF Price Performance

The firm has a 50 day moving average of $1.70 and a two-hundred day moving average of $5.06.

Institutional Trading of GraniteShares 2x Long MSTR Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long MSTR Daily ETF stock. StoneX Group Inc. acquired a new stake in GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,216 shares of the company’s stock, valued at approximately $36,000. StoneX Group Inc. owned approximately 0.63% of GraniteShares 2x Long MSTR Daily ETF as of its most recent SEC filing.

GraniteShares 2x Long MSTR Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Long MSTR Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. It uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.