Overview
Description
The Leverage Shares 2x Long ASML Daily ETF is a financial asset designed to amplify the performance of its underlying asset, ASML Holding N.V., on a daily basis by a factor of two. This exchange-traded fund (ETF) aims to provide investors with two times the daily return of ASML's stock, which is a key player in the semiconductor industry, known for its advanced photolithography machines. The ETF is structured to cater to investors looking to capitalize on short-term movements in the price of ASML, and it caters primarily to sophisticated investors aware of the increased risks associated with leverage. This ETF plays a significant role in the financial market by offering amplified exposure to ASML without requiring investors to use margin accounts, bringing flexibility and accessibility to hedge funds and institutional investors. Due to its leveraged nature, it is usually utilized in tactical trading strategies rather than long-term investments, contributing to its niche position within the broader ETF landscape.
About
CEO
Employees
0
Address
34 East Putnam Avenue
Suite 112
Greenwich, 06830, CT
United States
Suite 112
Greenwich, 06830, CT
United States
Phone
646 206 1788
Website
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Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
XNMS