GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s stock price shot up 8% during trading on Wednesday . The company traded as high as $36.64 and last traded at $36.43. Approximately 10,097,802 shares were traded during trading, a decline of 58% from the average session volume of 23,768,295 shares. The stock had previously closed at $33.72.
GraniteShares 2x Long NVDA Daily ETF Trading Up 3.5%
The firm’s 50-day moving average price is $32.23 and its two-hundred day moving average price is $31.29.
Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF
Several large investors have recently modified their holdings of NVDL. Vestor Capital LLC raised its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 3.9% in the 1st quarter. Vestor Capital LLC now owns 5,502 shares of the company’s stock worth $399,000 after buying an additional 204 shares in the last quarter. Tactive Advisors LLC grew its position in GraniteShares 2x Long NVDA Daily ETF by 8.1% in the first quarter. Tactive Advisors LLC now owns 3,403 shares of the company’s stock valued at $247,000 after acquiring an additional 254 shares during the period. Parallel Advisors LLC raised its stake in GraniteShares 2x Long NVDA Daily ETF by 104.3% during the fourth quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock worth $54,000 after acquiring an additional 313 shares in the last quarter. Financial Life Planners acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the first quarter worth $25,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 49.7% during the second quarter. Osaic Holdings Inc. now owns 2,375 shares of the company’s stock valued at $167,000 after acquiring an additional 788 shares during the period.
GraniteShares 2x Long NVDA Daily ETF Company 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.
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