GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) shares rose 6.2% during mid-day trading on Monday. The company traded as high as $32.69 and last traded at $32.8280. 3,067,281 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 21,261,652 shares. The stock had previously closed at $30.91.
GraniteShares 2x Long NVDA Daily ETF Stock Performance
The business has a 50 day moving average of $35.10 and a 200 day moving average of $33.55.
Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF
A number of institutional investors have recently modified their holdings of NVDL. IFP Advisors Inc acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at $26,000. Vilga Financial Planning LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the third quarter valued at about $220,000. Tactive Advisors LLC raised its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 3.6% in the third quarter. Tactive Advisors LLC now owns 17,259 shares of the company’s stock valued at $634,000 after buying an additional 600 shares during the last quarter. Persium Advisors LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at $844,000. Finally, Cherry Tree Wealth Management LLC increased its stake in GraniteShares 2x Long NVDA Daily ETF by 255.9% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 16,936 shares of the company’s stock worth $505,000 after purchasing an additional 12,178 shares in 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.
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