Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Sees Large Volume Increase – Still a Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) shares saw unusually-strong trading volume on Thursday. Approximately 6,501,886 shares changed hands during mid-day trading, an increase of 226% from the average daily volume of 1,995,028 shares. The stock last traded at $25.3460 and had previously closed at $26.42.

Fundstrat Granny Shots U.S. Large Cap ETF Price Performance

The firm has a 50-day moving average of $27.62 and a 200 day moving average of $26.61. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 31.86 and a beta of 1.26.

Institutional Investors Weigh In On Fundstrat Granny Shots U.S. Large Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sunbelt Securities Inc. boosted its holdings in shares of 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 buying an additional 850 shares during the last quarter. Root Financial Partners LLC acquired a new position in Fundstrat Granny Shots U.S. Large Cap ETF during the third quarter worth $38,000. Versant Capital Management Inc acquired a new position in Fundstrat Granny Shots U.S. Large Cap ETF during the second quarter worth $42,000. Cozad Asset Management Inc. increased its holdings in Fundstrat Granny Shots U.S. Large Cap ETF by 4.3% during the first quarter. Cozad Asset Management Inc. now owns 38,377 shares of the company’s stock worth $916,000 after buying an additional 1,580 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp raised its position in Fundstrat Granny Shots U.S. Large Cap ETF by 2.9% during the second quarter. KERR FINANCIAL PLANNING Corp now owns 60,910 shares of the company’s stock worth $1,684,000 after acquiring an additional 1,724 shares in the last quarter.

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.