GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s share price traded up 6.3% during trading on Wednesday . The stock traded as high as $31.67 and last traded at $30.84. 15,455,912 shares traded hands during trading, a decline of 29% from the average session volume of 21,752,867 shares. The stock had previously closed at $29.00.
GraniteShares 2x Long NVDA Daily ETF Stock Up 5.3 %
The stock’s 50 day moving average price is $46.68 and its two-hundred day moving average price is $62.01.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Oriental Harbor Investment Fund bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter valued at approximately $27,892,000. JPMorgan Chase & Co. grew its position in GraniteShares 2x Long NVDA Daily ETF by 456.7% in the fourth quarter. JPMorgan Chase & Co. now owns 436,970 shares of the company’s stock worth $29,010,000 after acquiring an additional 358,478 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 1,006.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 128,102 shares of the company’s stock worth $8,505,000 after purchasing an additional 116,527 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 4th quarter valued at $3,307,000. Finally, Barclays PLC lifted its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 50.4% in the 3rd quarter. Barclays PLC now owns 142,652 shares of the company’s stock valued at $8,301,000 after purchasing an additional 47,800 shares during the last quarter.
About GraniteShares 2x Long NVDA Daily ETF
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.
See Also
- Five stocks we like better than GraniteShares 2x Long NVDA Daily ETF
- Which Wall Street Analysts are the Most Accurate?
- JPMorgan is a Buy, if You Can Handle The Volatility
- Compound Interest and Why It Matters When Investing
- United States Steel’s Crash: An Unmissable Buying Opportunity
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Rocket Lab Stock: Weathering the Storm, Time for a Comeback?
Receive News & Ratings for GraniteShares 2x Long NVDA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long NVDA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
