GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Reaches New 52-Week High – Here’s Why

Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDLGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as $68.65 and last traded at $64.69, with a volume of 5759035 shares traded. The stock had previously closed at $66.90.

GraniteShares 2x Long AMD Daily ETF Stock Performance

The firm has a 50 day moving average of $30.33 and a two-hundred day moving average of $20.92.

Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF

Institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its stake in GraniteShares 2x Long AMD Daily ETF by 36.6% during the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock worth $52,000 after purchasing an additional 1,645 shares during the last quarter. HUB Investment Partners LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the second quarter worth approximately $108,000. Balboa Wealth Partners purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the first quarter worth approximately $122,000. Financial Engines Advisors L.L.C. purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the third quarter worth approximately $149,000. Finally, CreativeOne Wealth LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the third quarter worth approximately $157,000.

GraniteShares 2x Long AMD Daily ETF Company Profile

(Get Free Report)

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.

Further Reading

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