Graniteshares 3X Long Apple Daily ETP (Ticker: GB:3LAP) is a sophisticated financial instrument designed for investors looking to capitalize on short-term price movements in Apple Inc. shares. This Exchange-Traded Product (ETP) offers a leveraged exposure, providing three times the daily performance of Apple's stock. As a niche product within the Information Technology sector, it caters to those with a high-risk tolerance seeking amplified returns. The Graniteshares 3X Long Apple Daily ETP is ideal for market-savvy individuals who wish to engage in tactical trading strategies, taking advantage of Apple's market dynamics. However, due to its leveraged nature, it is crucial for investors to have a thorough understanding of the risks involved, as rapid market movements can lead to significant gains but also substantial losses. This ETP serves as a powerful tool for those looking to intensify their involvement in the tech giant's ever-evolving market landscape.
Asset Class
Equity
Region
North America
Issuer
GraniteShares
Index Tracked
Solactive Daily Leveraged 3x Long Apple Inc Index
Ticker Symbol
GB:3LAP
Graniteshares 3X Long Apple Daily ETP (3LAP) Fund Flow Chart
Graniteshares 3X Long Apple Daily ETP (3LAP) 1 year Net Flows: 0
3LAP ETF FAQ
What was GB:3LAP’s price range in the past 12 months?
GB:3LAP lowest ETF price was 17.53 and its highest was 55.79 in the past 12 months.
What is the AUM of GB:3LAP?
As of Jan 29, 2025 The AUM of GB:3LAP is 3.55M.
Is GB:3LAP overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does GB:3LAP pay dividends?
GB:3LAP does not currently pay dividends.
How many shares outstanding does GB:3LAP have?
Currently, no data Available
Which hedge fund is a major shareholder of GB:3LAP?
Currently, no hedge funds are holding shares in GB:3LAP