GraniteShares 2x Long META Daily ETF (NASDAQ:FBL – Get Free Report) shares dropped 0.8% on Tuesday. The stock traded as low as $32.77 and last traded at $32.94. 287,690 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 1,346,797 shares. The stock had previously closed at $33.20.
GraniteShares 2x Long META Daily ETF Trading Down 0.0%
The business has a fifty day moving average price of $25.17 and a 200 day moving average price of $25.20.
Institutional Inflows and Outflows
An institutional investor recently raised its position in GraniteShares 2x Long META Daily ETF stock. Optiver Holding B.V. grew its position in GraniteShares 2x Long META Daily ETF (NASDAQ:FBL – Free Report) by 126.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 55,671 shares of the company’s stock after buying an additional 31,119 shares during the period. Optiver Holding B.V. owned approximately 0.78% of GraniteShares 2x Long META Daily ETF worth $1,278,000 at the end of the most recent quarter.
GraniteShares 2x Long META Daily ETF Company Profile
The GraniteShares 1.5x Long Meta Daily ETF (FBL) is an exchange-traded fund that mostly invests in communication services equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Meta Platforms, Inc Class A stock. FBL was launched on Dec 13, 2022 and is managed by GraniteShares.
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