Flow Traders U.S. LLC purchased a new stake in GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 14,861 shares of the company’s stock, valued at approximately $386,000. Flow Traders U.S. LLC owned approximately 1.62% of GraniteShares 2x Long AMZN Daily ETF as of its most recent filing with the SEC.
Separately, Hollencrest Capital Management acquired a new position in shares of GraniteShares 2x Long AMZN Daily ETF in the 3rd quarter valued at $26,000.
GraniteShares 2x Long AMZN Daily ETF Stock Performance
Shares of AMZZ opened at $34.54 on Thursday. The stock has a market capitalization of $31.78 million, a PE ratio of -568.19 and a beta of 2.84. GraniteShares 2x Long AMZN Daily ETF has a 1 year low of $17.51 and a 1 year high of $35.10. The company’s 50-day simple moving average is $28.40 and its 200-day simple moving average is $26.89.
GraniteShares 2x Long AMZN Daily ETF Company Profile
The GraniteShares 2x Long AMZN Daily ETF (AMZZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZZ was launched on Mar 4, 2024 and is issued by GraniteShares.
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