Hollencrest Capital Management Takes Position in GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ)

Hollencrest Capital Management bought a new position in shares of GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,000 shares of the company’s stock, valued at approximately $26,000.

GraniteShares 2x Long AMZN Daily ETF Trading Down 2.3 %

Shares of NASDAQ:AMZZ opened at $31.70 on Friday. The company has a market capitalization of $29.16 million, a PE ratio of -521.47 and a beta of 2.84. GraniteShares 2x Long AMZN Daily ETF has a 12-month low of $17.51 and a 12-month high of $33.05. The business has a 50 day moving average of $26.37 and a two-hundred day moving average of $26.39.

About GraniteShares 2x Long AMZN Daily ETF

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.