UBS Group AG Decreases Stock Holdings in GraniteShares 2x Long NVDA Daily ETF $NVDL

UBS Group AG trimmed its holdings in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 697,417 shares of the company’s stock after selling 14,462 shares during the quarter. UBS Group AG’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $61,380,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Chung Wu Investment Group LLC lifted its stake in GraniteShares 2x Long NVDA Daily ETF by 350.0% in the 3rd quarter. Chung Wu Investment Group LLC now owns 900 shares of the company’s stock worth $84,000 after purchasing an additional 700 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth approximately $88,000. CWM LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth approximately $94,000. Spire Wealth Management lifted its stake in GraniteShares 2x Long NVDA Daily ETF by 3,483.3% in the 3rd quarter. Spire Wealth Management now owns 1,075 shares of the company’s stock worth $101,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Headlands Technologies LLC increased its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 953.1% during the 2nd quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock worth $119,000 after buying an additional 1,525 shares during the last quarter.

GraniteShares 2x Long NVDA Daily ETF Stock Performance

Shares of NASDAQ NVDL opened at $92.41 on Tuesday. The company has a 50 day simple moving average of $83.92 and a 200-day simple moving average of $86.82. GraniteShares 2x Long NVDA Daily ETF has a 1 year low of $35.96 and a 1 year high of $118.50.

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.