Optiver Holding B.V. boosted its stake in GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX – Free Report) by 189.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,099 shares of the company’s stock after acquiring an additional 39,958 shares during the period. Optiver Holding B.V.’s holdings in GraniteShares 2x Long BABA Daily ETF were worth $1,508,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of BABX. Tower Research Capital LLC TRC purchased a new position in shares of GraniteShares 2x Long BABA Daily ETF during the second quarter worth about $69,000. Simplex Trading LLC purchased a new stake in shares of GraniteShares 2x Long BABA Daily ETF in the 4th quarter valued at about $87,000. Scientech Research LLC purchased a new stake in shares of GraniteShares 2x Long BABA Daily ETF in the 3rd quarter valued at about $213,000. DGS Capital Management LLC acquired a new stake in shares of GraniteShares 2x Long BABA Daily ETF in the 1st quarter valued at about $216,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of GraniteShares 2x Long BABA Daily ETF in the 3rd quarter valued at about $222,000.
GraniteShares 2x Long BABA Daily ETF Stock Performance
NASDAQ:BABX opened at $21.86 on Friday. GraniteShares 2x Long BABA Daily ETF has a 52-week low of $12.70 and a 52-week high of $66.00. The stock’s 50 day moving average price is $19.12 and its 200 day moving average price is $28.28.
GraniteShares 2x Long BABA Daily ETF Company Profile
The GraniteShares 1.75x Long BABA Daily ETF (BABX) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 1.75x leveraged exposure, less fees and expenses, to the daily price movement for shares of Alibaba Group Holding Limited stock. BABX was launched on Dec 13, 2022 and is managed by GraniteShares.
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