GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $31.75, but opened at $35.65. GraniteShares 2x Long NVDA Daily ETF shares last traded at $36.07, with a volume of 17,499,283 shares traded.
GraniteShares 2x Long NVDA Daily ETF Price Performance
The stock has a 50 day moving average price of $31.74 and a 200 day moving average price of $31.01.
Hedge Funds Weigh In On GraniteShares 2x Long NVDA Daily ETF
A number of institutional investors have recently added to or reduced their stakes in the company. Financial Life Planners bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the 1st quarter valued at $25,000. Parallel Advisors LLC increased its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 104.3% in the 4th 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. Wilmington Savings Fund Society FSB bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth about $88,000. CoreCap Advisors LLC increased its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 200.0% in the 2nd quarter. CoreCap Advisors LLC now owns 3,462 shares of the company’s stock worth $103,000 after acquiring an additional 2,308 shares in the last quarter. Finally, Headlands Technologies LLC lifted its position in 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 valued at $119,000 after acquiring an additional 1,525 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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