Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Trading 9.2% Higher – Here’s Why

Posted by James Quigley on Aug 7th, 2026

Shares of Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG – Get Free Report) were up 9.2% during trading on Thursday . The company traded as high as $24.39 and last traded at $23.01. 983,186 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 1,464,272 shares. The stock had previously closed at $21.08.

Leverage Shares 2X Long ARM Daily ETF Stock Performance

The stock’s 50-day moving average price is $34.63 and its 200 day moving average price is $19.76.

Institutional Investors Weigh In On Leverage Shares 2X Long ARM Daily ETF

A hedge fund recently bought a new stake in Leverage Shares 2X Long ARM Daily ETF stock. Hollencrest Capital Management bought a new position in Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $28,000. Hollencrest Capital Management owned 0.10% of Leverage Shares 2X Long ARM Daily ETF at the end of the most recent quarter.

About Leverage Shares 2X Long ARM Daily ETF

(Get Free Report)

The Leverage Shares 2X Long ARM Daily ETF (ARMG) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of ARM Holdings stock, less fees, and expenses. ARMG was launched on Jan 14, 2025 and is issued by Leverage Shares.