World Investment Advisors LLC Acquires New Holdings in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

World Investment Advisors LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) in the 3rd quarter, Holdings Channel reports. The fund purchased 5,000 shares of the company’s stock, valued at approximately $291,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Private Ocean LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the second quarter worth about $35,000. National Bank of Canada FI purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at approximately $42,000. Gilliland Jeter Wealth Management LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter valued at about $72,000. Hollencrest Capital Management raised its stake in GraniteShares 2x Long NVDA Daily ETF by 5,677.8% in the second quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock worth $72,000 after buying an additional 1,022 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth $134,000.

GraniteShares 2x Long NVDA Daily ETF Stock Performance

Shares of NVDL opened at $61.69 on Thursday. GraniteShares 2x Long NVDA Daily ETF has a twelve month low of $13.94 and a twelve month high of $91.70. The company has a 50 day moving average of $74.42 and a two-hundred day moving average of $66.74.

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.