IMC Chicago LLC Makes New $814,000 Investment in GraniteShares 2x Long COIN Daily ETF $CONL

IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) during the 1st quarter, Holdings Channel.com reports. The fund bought 116,216 shares of the company’s stock, valued at approximately $814,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CONL. Summit Securities Group LLC bought a new position in shares of GraniteShares 2x Long COIN Daily ETF in the 4th quarter worth $44,000. Group One Trading LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF during the fourth quarter valued at about $78,000. Peapack Gladstone Financial Corp bought a new stake in GraniteShares 2x Long COIN Daily ETF during the second quarter valued at about $293,000. NewEdge Advisors LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF in the fourth quarter valued at about $149,000. Finally, Scientech Research LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF in the third quarter valued at about $388,000.

GraniteShares 2x Long COIN Daily ETF Trading Up 6.8%

Shares of GraniteShares 2x Long COIN Daily ETF stock opened at $5.46 on Thursday. The company has a 50-day simple moving average of $6.19 and a two-hundred day simple moving average of $8.68. GraniteShares 2x Long COIN Daily ETF has a one year low of $3.88 and a one year high of $72.35.

GraniteShares 2x Long COIN Daily ETF Profile

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.