Garden State Investment Advisory Services LLC Has $863,000 Stock Holdings in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL)

Garden State Investment Advisory Services LLC lifted its stake in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) by 39.3% during the third quarter, Holdings Channel.com reports. The fund owned 56,800 shares of the company’s stock after buying an additional 16,022 shares during the period. Garden State Investment Advisory Services LLC’s holdings in GraniteShares 2x Long AMD Daily ETF were worth $863,000 as of its most recent SEC filing.

Separately, Flow Traders U.S. LLC bought a new position in shares of GraniteShares 2x Long AMD Daily ETF in the 3rd quarter valued at about $1,079,000.

GraniteShares 2x Long AMD Daily ETF Stock Down 3.5 %

Shares of AMDL stock traded down $0.32 on Friday, reaching $8.74. The stock had a trading volume of 3,981,279 shares, compared to its average volume of 2,190,846. GraniteShares 2x Long AMD Daily ETF has a 12 month low of $8.47 and a 12 month high of $25.62. The firm’s 50-day moving average is $12.00 and its two-hundred day moving average is $13.67.

About GraniteShares 2x Long AMD Daily ETF

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.