IMC Chicago LLC Invests $878,000 in GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ)

IMC Chicago LLC bought a new position in GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 33,092 shares of the company’s stock, valued at approximately $878,000. IMC Chicago LLC owned approximately 20.68% of GraniteShares 2x Long AMZN Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long AMZN Daily ETF Stock Up 4.7 %

Shares of AMZZ opened at $30.99 on Friday. The firm has a market cap of $5.89 million, a P/E ratio of -509.79 and a beta of 2.84. GraniteShares 2x Long AMZN Daily ETF has a one year low of $22.46 and a one year high of $31.46. The stock has a 50 day simple moving average of $26.95.

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.