Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Trading Down 0.5% – Here’s Why

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMGGet Free Report)’s share price were down 0.5% during mid-day trading on Thursday . The stock traded as low as $6.82 and last traded at $7.31. Approximately 1,132,760 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 1,033,910 shares. The stock had previously closed at $7.35.

Leverage Shares 2X Long ARM Daily ETF Trading Down 0.5%

The company has a fifty day moving average of $6.27 and a 200 day moving average of $9.88.

Leverage Shares 2X Long ARM Daily ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were issued a $0.2773 dividend. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On Leverage Shares 2X Long ARM Daily ETF

A hedge fund recently bought a new stake in Leverage Shares 2X Long ARM Daily ETF stock. Hollencrest Capital Management acquired a new stake in shares of Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMGFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,000 shares of the company’s stock, valued at approximately $28,000. Hollencrest Capital Management owned approximately 0.10% of Leverage Shares 2X Long ARM Daily ETF at the end of the most recent quarter.

Leverage Shares 2X Long ARM Daily ETF Company Profile

(Get Free Report)

The Leverage Shares 2X Long ARM Daily ETF (ARMG) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of ARM Holdings stock, less fees, and expenses. ARMG was launched on Jan 14, 2025 and is issued by Leverage Shares.

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