Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Sets New 52-Week High – Should You Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $27.98 and last traded at $27.96, with a volume of 1008158 shares changing hands. The stock had previously closed at $27.57.

Fundstrat Granny Shots U.S. Large Cap ETF Stock Down 0.5%

The business has a fifty day moving average of $27.16 and a 200 day moving average of $25.78. The firm has a market cap of $4.37 billion, a P/E ratio of 31.86 and a beta of 1.23.

Hedge Funds Weigh In On Fundstrat Granny Shots U.S. Large Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc raised its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 116.8% in the first quarter. AdvisorNet Financial Inc now owns 1,216 shares of the company’s stock valued at $29,000 after purchasing an additional 655 shares during the period. Sunbelt Securities Inc. raised its holdings in Fundstrat Granny Shots U.S. Large Cap ETF by 24.8% in the 1st quarter. Sunbelt Securities Inc. now owns 4,273 shares of the company’s stock valued at $102,000 after acquiring an additional 850 shares during the period. Brick & Kyle Associates lifted its position in Fundstrat Granny Shots U.S. Large Cap ETF by 1.5% during the third quarter. Brick & Kyle Associates now owns 68,282 shares of the company’s stock worth $1,706,000 after acquiring an additional 987 shares during the last quarter. Trust Co. of Vermont lifted its position in Fundstrat Granny Shots U.S. Large Cap ETF by 255.6% during the fourth quarter. Trust Co. of Vermont now owns 1,796 shares of the company’s stock worth $44,000 after acquiring an additional 1,291 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new position in shares of Fundstrat Granny Shots U.S. Large Cap ETF in the second quarter valued at approximately $42,000.

About Fundstrat Granny Shots U.S. Large Cap ETF

The fundstrat Granny Shots US Large Cap ETF (GRNY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that invests in 20 to 50 US large-cap securities across 5 to 10 themes determined to likely impact the economy and stock market. GRNY was launched on Nov 7, 2024 and is issued by Fundstrat.