Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Hits New 52-Week High – Still a Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $28.19 and last traded at $28.05, with a volume of 80865 shares. The stock had previously closed at $27.98.

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

The stock has a market cap of $4.47 billion, a P/E ratio of 31.86 and a beta of 1.24. The business’s 50 day simple moving average is $27.41 and its 200 day simple moving average is $26.17.

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

A number of hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors lifted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 127.1% during the 2nd quarter. Captrust Financial Advisors now owns 26,200 shares of the company’s stock worth $594,000 after buying an additional 14,662 shares during the period. JPMorgan Chase & Co. bought a new stake in Fundstrat Granny Shots U.S. Large Cap ETF in the third quarter valued at $106,000. Triumph Capital Management acquired a new position in Fundstrat Granny Shots U.S. Large Cap ETF during the third quarter worth $89,000. Farther Finance Advisors LLC raised its stake in Fundstrat Granny Shots U.S. Large Cap ETF by 57,556.1% during the fourth quarter. Farther Finance Advisors LLC now owns 155,095 shares of the company’s stock worth $3,840,000 after acquiring an additional 154,826 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC raised its stake in Fundstrat Granny Shots U.S. Large Cap ETF by 25.9% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 84,272 shares of the company’s stock worth $2,087,000 after acquiring an additional 17,320 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.