GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s share price rose 9.6% on Monday . The company traded as high as $112.61 and last traded at $112.61. Approximately 6,258,295 shares changed hands during trading, a decline of 35% from the average daily volume of 9,560,326 shares. The stock had previously closed at $102.72.
GraniteShares 2x Long NVDA Daily ETF Price Performance
The firm has a fifty day moving average price of $94.88 and a 200 day moving average price of $88.61.
Institutional Trading of GraniteShares 2x Long NVDA Daily ETF
Hedge funds have recently modified their holdings of the business. Financial Life Planners acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 1st quarter valued at approximately $25,000. Parallel Advisors LLC lifted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 104.3% in the 4th quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock valued at $54,000 after buying an additional 313 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter valued at approximately $88,000. Headlands Technologies LLC lifted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 953.1% in the 2nd quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock valued at $119,000 after buying an additional 1,525 shares during the period. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 4th quarter valued at approximately $136,000.
About GraniteShares 2x Long NVDA Daily ETF
The GraniteShares 1.5x Long NVDA Daily ETF (NVDL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVDL was launched on Dec 13, 2022 and is managed by GraniteShares.
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