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GraniteShares ETFs Announces Name Change and Investment Objectives on some of its Short and Leveraged ETFs
January 3, 2024 5:00 PM ESTNew York, Jan. 03, 2024 (GLOBE NEWSWIRE) -- GraniteShares today announced plans to amend the names and leverage factors for some of its short and leverage ETFs (the Funds). The change in leverage factor results in a modification of the investment strategy.
Effective January 22, 2024, the Funds will aim to replicate either +2 or -2 times the daily variations of their underlying stocks.
Eight of the Funds already trade on the NASDAQ. The Funds CUSIPs and Tickers are not expected to change.
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