IMC Chicago LLC Buys 70,491 Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL)

IMC Chicago LLC increased its stake in shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) by 212.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 103,656 shares of the company’s stock after buying an additional 70,491 shares during the period. IMC Chicago LLC’s holdings in GraniteShares 2x Long AMD Daily ETF were worth $794,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in AMDL. Lauer Wealth LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 4th quarter valued at $219,000. Garden State Investment Advisory Services LLC boosted its stake in GraniteShares 2x Long AMD Daily ETF by 39.3% during the third quarter. Garden State Investment Advisory Services LLC now owns 56,800 shares of the company’s stock valued at $863,000 after buying an additional 16,022 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in GraniteShares 2x Long AMD Daily ETF during the third quarter valued at $1,079,000.

GraniteShares 2x Long AMD Daily ETF Stock Performance

Shares of NASDAQ AMDL opened at $6.25 on Wednesday. The stock’s 50-day simple moving average is $7.92 and its two-hundred day simple moving average is $10.91. GraniteShares 2x Long AMD Daily ETF has a twelve month low of $5.71 and a twelve month high of $25.62.

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.