GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Gap Up – Here’s Why

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $189.40, but opened at $224.04. GraniteShares 2x Long MRVL Daily ETF shares last traded at $204.27, with a volume of 3,647,275 shares traded.

GraniteShares 2x Long MRVL Daily ETF Trading Up 9.5%

The business’s fifty day moving average is $68.28 and its 200 day moving average is $37.60.

Institutional Investors Weigh In On GraniteShares 2x Long MRVL Daily ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MVLL. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MRVL Daily ETF during the second quarter worth $33,000. SBI Securities Co. Ltd. raised its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 110.2% during the third quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock worth $54,000 after acquiring an additional 1,196 shares during the period. Optiver Holding B.V. raised its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 225.1% during the third quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock worth $519,000 after acquiring an additional 15,196 shares during the period. Finally, Simplex Trading LLC raised its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 269.4% during the fourth quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock worth $100,000 after acquiring an additional 3,394 shares during the period.

GraniteShares 2x Long MRVL Daily ETF Company Profile

GraniteShares 2x Long MRVL Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of Marvell Technology, inc.