Hollencrest Capital Management Makes New Investment in GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ)

Hollencrest Capital Management purchased a new stake in GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,000 shares of the company’s stock, valued at approximately $26,000. Hollencrest Capital Management owned approximately 0.11% of GraniteShares 2x Long AMZN Daily ETF as of its most recent filing with the SEC.

GraniteShares 2x Long AMZN Daily ETF Stock Down 2.3 %

NASDAQ:AMZZ opened at $31.70 on Friday. The stock has a market capitalization of $29.16 million, a price-to-earnings ratio of -521.47 and a beta of 2.84. GraniteShares 2x Long AMZN Daily ETF has a 52 week low of $17.51 and a 52 week high of $33.05. The firm has a 50 day moving average of $26.37 and a 200 day moving average of $26.39.

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.