Shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $40.69, but opened at $43.50. GraniteShares 2x Long COIN Daily ETF shares last traded at $45.55, with a volume of 2,315,514 shares.
GraniteShares 2x Long COIN Daily ETF Trading Down 16.0 %
The business has a 50-day moving average price of $45.23 and a 200-day moving average price of $38.63.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
A number of large investors have recently made changes to their positions in CONL. SG Americas Securities LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the third quarter valued at $122,000. JPMorgan Chase & Co. purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the fourth quarter valued at $836,000. Optiver Holding B.V. grew its holdings in shares of GraniteShares 2x Long COIN Daily ETF by 545.6% during the fourth quarter. Optiver Holding B.V. now owns 28,078 shares of the company’s stock valued at $991,000 after buying an additional 23,729 shares during the last quarter. Prosperity Wealth Management Inc. purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the fourth quarter valued at $1,314,000. Finally, Simplex Trading LLC grew its holdings in shares of GraniteShares 2x Long COIN Daily ETF by 362.9% during the fourth quarter. Simplex Trading LLC now owns 41,634 shares of the company’s stock valued at $1,469,000 after buying an additional 32,639 shares during the last quarter.
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.
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