GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Shares Gap Down to $41.57

GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDLGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $41.57, but opened at $39.85. GraniteShares 2x Long NVDA Daily ETF shares last traded at $39.53, with a volume of 4,507,174 shares trading hands.

GraniteShares 2x Long NVDA Daily ETF Stock Down 1.2 %

The stock’s fifty day moving average price is $30.91 and its 200-day moving average price is $19.41.

Hedge Funds Weigh In On GraniteShares 2x Long NVDA Daily ETF

Large investors have recently made changes to their positions in the stock. AlphaMark Advisors LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter valued at about $34,000. Headlands Technologies LLC increased its holdings in GraniteShares 2x Long NVDA Daily ETF by 567.6% during the 4th quarter. Headlands Technologies LLC now owns 494 shares of the company’s stock valued at $44,000 after acquiring an additional 420 shares in the last quarter. UBS Group AG purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 1st quarter valued at about $153,000. Signaturefd LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at about $153,000. Finally, Capital CS Group LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 4th quarter valued at about $239,000.

About GraniteShares 2x Long NVDA Daily ETF

(Get Free Report)

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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