GraniteShares 2x Long META Daily ETF (NASDAQ:FBL – Get Free Report)’s stock price rose 0.8% during trading on Thursday . The company traded as high as $50.13 and last traded at $50.04. Approximately 718,043 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 995,321 shares. The stock had previously closed at $49.66.
GraniteShares 2x Long META Daily ETF Price Performance
The stock’s 50-day simple moving average is $38.88 and its 200 day simple moving average is $33.30.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. TRUE Private Wealth Advisors boosted its holdings in shares of GraniteShares 2x Long META Daily ETF by 7.1% in the 3rd quarter. TRUE Private Wealth Advisors now owns 42,266 shares of the company’s stock valued at $1,382,000 after buying an additional 2,809 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long META Daily ETF in the 4th quarter valued at $217,000. JPMorgan Chase & Co. acquired a new position in shares of GraniteShares 2x Long META Daily ETF in the 4th quarter valued at $957,000. Simplex Trading LLC boosted 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 in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in shares of GraniteShares 2x Long META Daily ETF in the 4th quarter valued at $74,000.
GraniteShares 2x Long META Daily ETF Company Profile
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.
See Also
- Five stocks we like better than GraniteShares 2x Long META Daily ETF
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- How Investors Can Find the Best Cheap Dividend Stocks
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- What Are Dividends? Buy the Best Dividend Stocks
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
Receive News & Ratings for GraniteShares 2x Long META Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long META Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
