Farther Finance Advisors LLC Buys 111,978 Shares of Defiance Daily Target 1.75X Long MSTR ETF $MSTX

Farther Finance Advisors LLC increased its holdings in shares of Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) by 20,359.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 112,528 shares of the company’s stock after purchasing an additional 111,978 shares during the period. Farther Finance Advisors LLC owned 0.13% of Defiance Daily Target 1.75X Long MSTR ETF worth $433,000 as of its most recent filing with the SEC.

Separately, Parallel Advisors LLC grew its holdings in Defiance Daily Target 1.75X Long MSTR ETF by 650.0% during the third quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock worth $32,000 after purchasing an additional 1,300 shares during the period. 4.09% of the stock is owned by institutional investors and hedge funds.

Defiance Daily Target 1.75X Long MSTR ETF Stock Performance

Defiance Daily Target 1.75X Long MSTR ETF stock opened at $33.85 on Tuesday. Defiance Daily Target 1.75X Long MSTR ETF has a 52 week low of $15.70 and a 52 week high of $497.55. The stock has a market capitalization of $341.89 million, a P/E ratio of -199.12 and a beta of 2.87. The stock has a 50-day simple moving average of $24.59 and a 200 day simple moving average of $56.43.

Defiance Daily Target 1.75X Long MSTR ETF Profile

The Defiance Daily Target 2x Long MSTR ETF (MSTX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. MSTX was launched on Aug 14, 2024 and is issued by Defiance.