GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s stock price dropped 6.5% during mid-day trading on Friday . The company traded as low as $63.89 and last traded at $63.89. Approximately 614,927 shares traded hands during trading, a decline of 94% from the average daily volume of 9,783,022 shares. The stock had previously closed at $68.31.
GraniteShares 2x Long AMD Daily ETF Trading Down 6.4%
The firm has a 50-day moving average of $65.70 and a 200 day moving average of $35.81.
Institutional Trading of GraniteShares 2x Long AMD Daily ETF
Institutional investors have recently made changes to their positions in the stock. Thrive Wealth Management LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the second quarter valued at approximately $238,000. Osaic Holdings Inc. lifted its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% during the 2nd quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after buying an additional 1,645 shares during the period. Balboa Wealth Partners bought a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter valued at $122,000. Vestor Capital LLC boosted its stake in shares of GraniteShares 2x Long AMD Daily ETF by 145.5% in the 4th quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock worth $159,000 after buying an additional 6,074 shares during the last quarter. Finally, HUB Investment Partners LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the 2nd quarter worth $108,000.
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.
Recommended Stories
- Five stocks we like better than GraniteShares 2x Long AMD Daily ETF
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for GraniteShares 2x Long AMD Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long AMD Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
