Balboa Wealth Partners Invests $122,000 in GraniteShares 2x Long AMD Daily ETF $AMDL

Balboa Wealth Partners purchased a new stake in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) in the 1st quarter, Holdings Channel reports. The firm purchased 10,000 shares of the company’s stock, valued at approximately $122,000.

Other large investors have also made changes to their positions in the company. Osaic Holdings Inc. grew its stake in GraniteShares 2x Long AMD Daily ETF by 36.6% in the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after acquiring an additional 1,645 shares during the period. HUB Investment Partners LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the second quarter worth about $108,000. Financial Engines Advisors L.L.C. acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the third quarter worth about $149,000. CreativeOne Wealth LLC bought a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 3rd quarter valued at about $157,000. Finally, Vestor Capital LLC lifted its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 145.5% during the 4th quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock valued at $159,000 after purchasing an additional 6,074 shares in the last quarter.

GraniteShares 2x Long AMD Daily ETF Trading Down 11.5%

Shares of AMDL opened at $66.99 on Wednesday. The stock has a 50 day simple moving average of $50.66 and a 200 day simple moving average of $27.47. GraniteShares 2x Long AMD Daily ETF has a 52-week low of $7.50 and a 52-week high of $78.71.

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.