Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Trading Up 8.3% – What’s Next?

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG)’s share price were up 8.3% on Thursday . The stock traded as high as $18.34 and last traded at $17.53. Approximately 2,027,396 shares were traded during trading, an increase of 84% from the average daily volume of 1,101,167 shares. The stock had previously closed at $16.18.

Leverage Shares 2X Long ARM Daily ETF Stock Up 0.7%

The stock’s fifty day simple moving average is $9.76 and its 200-day simple moving average is $9.26.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Leverage Shares 2X Long ARM Daily ETF stock. Hollencrest Capital Management bought a new stake in Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 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

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.