GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $70.62, but opened at $68.63. GraniteShares 2x Long NVDA Daily ETF shares last traded at $66.20, with a volume of 8,786,908 shares changing hands.
GraniteShares 2x Long NVDA Daily ETF Price Performance
The stock’s 50-day moving average is $71.29 and its two-hundred day moving average is $64.49.
Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF
Several hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new position in GraniteShares 2x Long NVDA Daily ETF in the 1st quarter valued at $10,343,000. Barclays PLC increased its stake in GraniteShares 2x Long NVDA Daily ETF by 50.4% in the 3rd quarter. Barclays PLC now owns 142,652 shares of the company’s stock worth $8,301,000 after buying an additional 47,800 shares during the period. Nisa Investment Advisors LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter valued at about $7,518,000. TRUE Private Wealth Advisors boosted its position in GraniteShares 2x Long NVDA Daily ETF by 3.5% in the 3rd quarter. TRUE Private Wealth Advisors now owns 74,188 shares of the company’s stock valued at $4,317,000 after buying an additional 2,531 shares during the period. Finally, Brookstone Capital Management boosted its position in GraniteShares 2x Long NVDA Daily ETF by 75.4% in the 3rd quarter. Brookstone Capital Management now owns 37,858 shares of the company’s stock valued at $2,203,000 after buying an additional 16,269 shares during the period.
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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