Diversify Wealth Management LLC Invests $1.01 Million in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

Diversify Wealth Management LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,000 shares of the company’s stock, valued at approximately $1,007,000.

Other hedge funds have also recently bought and sold shares of the company. Centaurus Financial Inc. purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at $134,000. Gilliland Jeter Wealth Management LLC boosted its holdings in GraniteShares 2x Long NVDA Daily ETF by 144.9% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 2,535 shares of the company’s stock valued at $148,000 after acquiring an additional 1,500 shares during the period. Safe Harbor Fiduciary LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the third quarter worth about $153,000. HighTower Advisors LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at $210,000. Finally, XTX Topco Ltd bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at about $226,000.

GraniteShares 2x Long NVDA Daily ETF Price Performance

Shares of NASDAQ:NVDL opened at $68.58 on Tuesday. GraniteShares 2x Long NVDA Daily ETF has a 1-year low of $17.88 and a 1-year high of $91.70. The business’s 50 day moving average is $71.77 and its 200-day moving average is $66.19.

GraniteShares 2x Long NVDA Daily ETF Profile

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.