294,286 Shares in GraniteShares 2x Short NVDA Daily ETF $NVD Bought by IMC Chicago LLC

IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 294,286 shares of the company’s stock, valued at approximately $2,222,000. IMC Chicago LLC owned about 1.54% of GraniteShares 2x Short NVDA Daily ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of NVD. Genesis Financial Group LLC acquired a new stake in GraniteShares 2x Short NVDA Daily ETF in the 4th quarter worth $491,000. Corient Private Wealth LLC acquired a new position in shares of GraniteShares 2x Short NVDA Daily ETF during the fourth quarter valued at about $179,000. Jump Financial LLC raised its position in shares of GraniteShares 2x Short NVDA Daily ETF by 1,202.4% during the fourth quarter. Jump Financial LLC now owns 390,688 shares of the company’s stock valued at $2,793,000 after buying an additional 360,690 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of GraniteShares 2x Short NVDA Daily ETF by 85.9% in the first quarter. Jane Street Group LLC now owns 58,700 shares of the company’s stock valued at $2,032,000 after buying an additional 27,126 shares during the period. Finally, StoneX Group Inc. bought a new stake in shares of GraniteShares 2x Short NVDA Daily ETF in the fourth quarter valued at about $287,000.

GraniteShares 2x Short NVDA Daily ETF Stock Down 0.4%

Shares of NVD opened at $4.55 on Thursday. GraniteShares 2x Short NVDA Daily ETF has a 12-month low of $3.93 and a 12-month high of $11.50. The firm has a market capitalization of $53.78 million, a price-to-earnings ratio of -37.92 and a beta of -3.06. The stock’s 50-day moving average price is $4.86 and its 200 day moving average price is $6.17.

GraniteShares 2x Short NVDA Daily ETF Company Profile

The GraniteShares 2x Short NVDA Daily ETF (NVD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVD was launched on Aug 21, 2023 and is issued by GraniteShares.