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

Shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDLGet Free Report) gapped down before the market opened 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 traded.

GraniteShares 2x Long NVDA Daily ETF Stock Up 0.7 %

The business’s 50 day moving average price is $30.46 and its 200-day moving average price is $19.26.

Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. AlphaMark Advisors LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the third quarter valued at approximately $34,000. Headlands Technologies LLC grew 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 worth $44,000 after acquiring an additional 420 shares in the last quarter. Signaturefd LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter worth approximately $153,000. Capital CS Group LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 4th quarter valued at $239,000. Finally, Renaissance Technologies LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at $270,000.

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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