Magnus Financial Group LLC Makes New $366,000 Investment in GraniteShares 2x Long NVDA Daily ETF $NVDL

Magnus Financial Group LLC acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,200 shares of the company’s stock, valued at approximately $366,000.

A number of other hedge funds also recently made changes to their positions in NVDL. IMC Chicago LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 1st quarter valued at approximately $17,587,000. APEIRON CAPITAL Ltd grew its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 30.0% in the first quarter. APEIRON CAPITAL Ltd now owns 1,900,000 shares of the company’s stock valued at $71,060,000 after purchasing an additional 438,920 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the first quarter worth $3,950,000. Client First Investment Management LLC purchased a new stake in GraniteShares 2x Long NVDA Daily ETF during the second quarter valued at $2,715,000. Finally, XTX Topco Ltd purchased a new stake in GraniteShares 2x Long NVDA Daily ETF during the first quarter valued at $658,000.

GraniteShares 2x Long NVDA Daily ETF Price Performance

Shares of NASDAQ:NVDL opened at $85.13 on Friday. GraniteShares 2x Long NVDA Daily ETF has a 52 week low of $23.12 and a 52 week high of $93.56. The firm has a fifty day simple moving average of $85.67 and a two-hundred day simple moving average of $62.14.

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.