NASDAQ:BABX

GraniteShares 2x Long BABA Daily ETF (BABX) Price, Holdings, & News

$14.37
+0.15 (+1.05%)
(As of 04/26/2024 ET)
Today's Range
$14.24
$14.89
50-Day Range
$12.03
$15.78
52-Week Range
$11.85
$27.33
Volume
59,678 shs
Average Volume
92,408 shs
Market Capitalization
$16.24 million
Assets Under Management
$3.55 million
Dividend Yield
N/A
Net Expense Ratio
1.15%

About GraniteShares 2x Long BABA Daily ETF

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.

BABX Stock Price History

BABX ETF News Headlines

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Fund Details

Issuer
GraniteShares
Fund Name
GraniteShares 2x Long BABA Daily ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:BABX
Inception Date
12/13/2022
Fund Manager
Benoit Autier, Jeff Klearman
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Single Stock
Development Level
Emerging Markets
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$3.55 million
Average Daily Volume
$0.00
Discount/Premium
-0.03%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
ALPS Fund Services, Inc.
Advisor
GraniteShares Advisors LLC
Custodian
Brown Brothers Harriman & Co.
Distributor
ALPS Distributors, Inc.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
IMC

Miscellaneous

Beta
5.24
Creation Unit
10,000
Creation Fee
$300.00
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GraniteShares 2x Long BABA Daily ETF Expenses

TypeBABXSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.99%1.00%0.54%0.48%0.51%
Other Expenses0.19%0.30%0.54%0.34%0.58%
Total Expense1.18%1.11%0.70%0.58%0.70%
Fee Waiver-0.03%-0.12%-0.55%-0.22%-0.57%
Net Expense1.15%1.05%0.60%0.54%0.58%

GraniteShares 2x Long BABA Daily ETF (BABX) Holdings

Top 5 BABX Holdings

  • Recv Long Baba Trs
    Holding Weight: 200.57%
  • Cash & Cash Equivalents
    Holding Weight: 79.84%
  • Us Dollars
    Holding Weight: 28.69%
  • Cash
    Holding Weight: -1.69%
  • Payb Long Baba Trs
    Holding Weight: -207.41%

BABX ETF - Frequently Asked Questions

How have BABX shares performed in 2024?

GraniteShares 2x Long BABA Daily ETF's stock was trading at $15.91 at the beginning of the year. Since then, BABX shares have decreased by 9.7% and is now trading at $14.37.
View the best growth stocks for 2024 here
.

What does BABX invest in?

GraniteShares 2x Long BABA Daily ETF is a equity fund issued by GraniteShares. BABX focuses on single stock investments. The fund's investments total to approximately $3.55 million assets under management.

What is the management fee for GraniteShares 2x Long BABA Daily ETF?

GraniteShares 2x Long BABA Daily ETF's management fee is 0.99% and has other expenses of 0.19%. However, BABX has a fee waiver of -0.03% to reimburse the expenses. The net expense ratio for BABX is 1.15%.

Who are GraniteShares 2x Long BABA Daily ETF's major shareholders?

GraniteShares 2x Long BABA Daily ETF's stock is owned by a number of retail and institutional investors. Top institutional investors include IMC Chicago LLC (0.00%).

How do I buy shares of GraniteShares 2x Long BABA Daily ETF?

Shares of BABX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BABX) was last updated on 4/27/2024 by MarketBeat.com Staff

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