Leverage Shares 2x Long ARM Daily ETF (ARMG)
Leverage Shares 2x Long ARM Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $20.56, up 1.81% on the session, giving a market capitalisation of $64.7M. Its beta of 6.89 implies it has historically moved more than the broad market.
Known by its ticker ARMG, the Leverage Shares 2x Long ARM Daily ETF is a specialized investment vehicle engineered for agile traders aiming to significantly amplify their short-term gains. This daily double-leveraged (bullish) exchange-traded fund endeavors to deliver a return equivalent to 200% of ARM stock's daily performance, calculated prior to the deduction of any associated fees and operational expenses.
Leverage Shares 2x Long ARM Daily ETF is most often compared with the following Financial Services names: