Cherry Tree Wealth Management LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund acquired 1,047 shares of the company’s stock, valued at approximately $39,000.
A number of other large investors have also added to or reduced their stakes in NVDL. Sigma Planning Corp grew its holdings in GraniteShares 2x Long NVDA Daily ETF by 18.6% during the 4th quarter. Sigma Planning Corp now owns 8,719 shares of the company’s stock worth $579,000 after acquiring an additional 1,369 shares during the last quarter. IFP Advisors Inc acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the fourth quarter worth $27,000. SBI Securities Co. Ltd. bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the fourth quarter worth $3,307,000. Larson Financial Group LLC increased its holdings in GraniteShares 2x Long NVDA Daily ETF by 1,198.5% in the fourth quarter. Larson Financial Group LLC now owns 2,532 shares of the company’s stock valued at $168,000 after purchasing an additional 2,337 shares during the period. Finally, Prosperity Wealth Management Inc. acquired a new stake in GraniteShares 2x Long NVDA Daily ETF in the fourth quarter valued at $1,202,000.
GraniteShares 2x Long NVDA Daily ETF Stock Up 1.9%
Shares of NVDL opened at $60.14 on Friday. The stock’s 50-day moving average price is $46.42 and its two-hundred day moving average price is $53.15. GraniteShares 2x Long NVDA Daily ETF has a 12 month low of $23.12 and a 12 month high of $91.70.
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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