GraniteShares 2x Long META Daily ETF (NASDAQ:FBL – Get Free Report)’s stock price traded down 0.9% during mid-day trading on Friday . The company traded as low as $33.52 and last traded at $36.44. 825,919 shares traded hands during trading, a decline of 17% from the average session volume of 1,000,213 shares. The stock had previously closed at $36.76.
GraniteShares 2x Long META Daily ETF Stock Performance
The business has a 50-day simple moving average of $41.05 and a two-hundred day simple moving average of $35.26.
Institutional Trading of GraniteShares 2x Long META Daily ETF
A number of hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in GraniteShares 2x Long META Daily ETF during the 4th quarter worth approximately $217,000. TRUE Private Wealth Advisors lifted its holdings in shares of GraniteShares 2x Long META Daily ETF by 1.6% in the 4th quarter. TRUE Private Wealth Advisors now owns 42,932 shares of the company’s stock valued at $1,417,000 after buying an additional 666 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of GraniteShares 2x Long META Daily ETF in the 4th quarter valued at approximately $957,000. Simplex Trading LLC lifted its holdings in shares of GraniteShares 2x Long META Daily ETF by 928.1% in the 4th quarter. Simplex Trading LLC now owns 9,325 shares of the company’s stock valued at $307,000 after buying an additional 8,418 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of GraniteShares 2x Long META Daily ETF in the 4th quarter valued at approximately $74,000.
About GraniteShares 2x Long META Daily ETF
The GraniteShares 1.5x Long Meta Daily ETF (FBL) is an exchange-traded fund that mostly invests in communication services equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Meta Platforms, Inc Class A stock. FBL was launched on Dec 13, 2022 and is managed by GraniteShares.
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