Citigroup Inc. Acquires 314,355 Shares of GraniteShares 2x Long COIN Daily ETF $CONL

Citigroup Inc. boosted its stake in GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) by 11.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 3,014,355 shares of the company’s stock after buying an additional 314,355 shares during the quarter. Citigroup Inc. owned 0.13% of GraniteShares 2x Long COIN Daily ETF worth $112,737,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. GatePass Capital LLC grew its stake in shares of GraniteShares 2x Long COIN Daily ETF by 22.7% in the 2nd quarter. GatePass Capital LLC now owns 20,264 shares of the company’s stock worth $935,000 after acquiring an additional 3,746 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of GraniteShares 2x Long COIN Daily ETF by 12.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 41,273 shares of the company’s stock worth $1,544,000 after buying an additional 4,526 shares in the last quarter. Peapack Gladstone Financial Corp purchased a new position in shares of GraniteShares 2x Long COIN Daily ETF in the 2nd quarter worth approximately $293,000. Sloy Dahl & Holst LLC bought a new position in shares of GraniteShares 2x Long COIN Daily ETF in the third quarter valued at approximately $426,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the second quarter valued at approximately $604,000.

GraniteShares 2x Long COIN Daily ETF Price Performance

CONL stock opened at $7.40 on Monday. The stock’s fifty day simple moving average is $13.16 and its two-hundred day simple moving average is $25.37. GraniteShares 2x Long COIN Daily ETF has a 1-year low of $5.02 and a 1-year high of $72.35.

About GraniteShares 2x Long COIN Daily ETF

The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.