Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:From $2B to $6B In 4 Months Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 21, 2024

From $2B to $6B In 4 Months

Reported by Neil Anderson, Managing Editor

The folks at an eight-year-old fund firm in New York City are celebrating a recent spike in their business.

Yesterday, Will Rhind, founder and CEO of GraniteShares [profile], confirmed that the firm recently surpassed $6 billion in AUM. More specifically, as of Tuesday, the ETF shop had $6.58 billion in AUM.

The milestone means that GraniteShares' AUM has more than tripled in the past four months, since crossing the $2-billion-AUM line back in February.

"Our growh is an example of the trend of more investors looking for amplified market exposures," Rhind states. "They increasingly recognize the potential to extract higher returns from sectors such as AI, tech and crypto. Our products enable them to leverage their views by going long and short on single stocks in an efficient way."

Rhind launched GraniteShares in 2016, and his team rolled out their first ETFs in 2017. They lay claim to being the largest provider of leveraged single stock ETFs and ETPs. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use