T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX – Get Free Report) shares were up 3% during trading on Monday . The company traded as high as $14.71 and last traded at $14.27. Approximately 26,748,460 shares changed hands during mid-day trading, an increase of 96% from the average daily volume of 13,662,209 shares. The stock had previously closed at $13.86.
T-Rex 2X Long NVIDIA Daily Target ETF Stock Performance
The firm has a fifty day simple moving average of $16.12 and a 200-day simple moving average of $17.33. The company has a market capitalization of $637.63 million, a PE ratio of 42.82 and a beta of 5.00.
Institutional Trading of T-Rex 2X Long NVIDIA Daily Target ETF
A number of hedge funds have recently made changes to their positions in NVDX. Flow Traders U.S. LLC bought a new stake in shares of T-Rex 2X Long NVIDIA Daily Target ETF in the 2nd quarter worth about $243,000. Hollencrest Capital Management bought a new position in shares of T-Rex 2X Long NVIDIA Daily Target ETF during the fourth quarter worth about $51,000. Bogart Wealth LLC bought a new position in shares of T-Rex 2X Long NVIDIA Daily Target ETF during the fourth quarter worth about $26,000. Finally, SBI Securities Co. Ltd. grew its stake in T-Rex 2X Long NVIDIA Daily Target ETF by 13.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 9,186 shares of the company’s stock worth $157,000 after purchasing an additional 1,055 shares in the last quarter.
About T-Rex 2X Long NVIDIA Daily Target ETF
The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of NVIDIA Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.
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