Fortis Capital Management LLC Makes New $260,000 Investment in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL)

Fortis Capital Management LLC bought a new position in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 33,977 shares of the company’s stock, valued at approximately $260,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. IMC Chicago LLC increased its stake in GraniteShares 2x Long AMD Daily ETF by 212.5% in the fourth quarter. IMC Chicago LLC now owns 103,656 shares of the company’s stock worth $794,000 after purchasing an additional 70,491 shares during the period. Flow Traders U.S. LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF in the third quarter worth $1,079,000. Garden State Investment Advisory Services LLC increased its stake in GraniteShares 2x Long AMD Daily ETF by 39.3% in the third quarter. Garden State Investment Advisory Services LLC now owns 56,800 shares of the company’s stock worth $863,000 after purchasing an additional 16,022 shares during the period. Matauro LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF in the fourth quarter worth $254,000. Finally, Lauer Wealth LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF in the fourth quarter worth $219,000.

GraniteShares 2x Long AMD Daily ETF Trading Down 1.4 %

AMDL stock opened at $5.59 on Friday. The business’s fifty day simple moving average is $6.20 and its two-hundred day simple moving average is $9.59. GraniteShares 2x Long AMD Daily ETF has a twelve month low of $4.46 and a twelve month high of $23.75.

GraniteShares 2x Long AMD Daily ETF Profile

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.