GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Shares Bought by CoreCap Advisors LLC

CoreCap Advisors LLC boosted its stake in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 530.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,575 shares of the company’s stock after purchasing an additional 1,325 shares during the quarter. CoreCap Advisors LLC’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $105,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDL. Barclays PLC grew its position in GraniteShares 2x Long NVDA Daily ETF by 50.4% during the 3rd quarter. Barclays PLC now owns 142,652 shares of the company’s stock worth $8,301,000 after purchasing an additional 47,800 shares during the period. JPMorgan Chase & Co. grew its position in shares of GraniteShares 2x Long NVDA Daily ETF by 8.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 78,492 shares of the company’s stock valued at $4,567,000 after acquiring an additional 5,839 shares during the period. Brookstone Capital Management grew its position in shares of GraniteShares 2x Long NVDA Daily ETF by 1.0% during the 4th quarter. Brookstone Capital Management now owns 38,231 shares of the company’s stock valued at $2,538,000 after acquiring an additional 373 shares during the period. Claro Advisors LLC grew its position in shares of GraniteShares 2x Long NVDA Daily ETF by 31.6% during the 4th quarter. Claro Advisors LLC now owns 11,919 shares of the company’s stock valued at $791,000 after acquiring an additional 2,861 shares during the period. Finally, Diversify Wealth Management LLC acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the 4th quarter valued at about $1,007,000.

GraniteShares 2x Long NVDA Daily ETF Stock Performance

NASDAQ:NVDL opened at $48.95 on Wednesday. GraniteShares 2x Long NVDA Daily ETF has a 52 week low of $23.12 and a 52 week high of $91.70. The stock’s 50-day moving average price is $37.77 and its 200-day moving average price is $56.95.

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.