Shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $63.19, but opened at $66.57. GraniteShares 2x Long NVDA Daily ETF shares last traded at $67.39, with a volume of 7,911,668 shares changing hands.
GraniteShares 2x Long NVDA Daily ETF Price Performance
The business has a fifty day moving average of $74.27 and a 200 day moving average of $66.71.
Hedge Funds Weigh In On GraniteShares 2x Long NVDA Daily ETF
Large investors have recently modified their holdings of the business. Private Ocean LLC purchased a new stake in GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $35,000. National Bank of Canada FI acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the second quarter valued at about $42,000. Hollencrest Capital Management raised its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 5,677.8% in the 2nd quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock valued at $72,000 after acquiring an additional 1,022 shares during the period. Centaurus Financial Inc. acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth approximately $134,000. Finally, Gilliland Jeter Wealth Management LLC boosted its position in shares of GraniteShares 2x Long NVDA Daily ETF by 144.9% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 2,535 shares of the company’s stock worth $148,000 after purchasing an additional 1,500 shares during the period.
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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