Centaurus Financial Inc. Acquires New Position in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

Centaurus Financial Inc. purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) in the 3rd quarter, Holdings Channel reports. The firm purchased 2,300 shares of the company’s stock, valued at approximately $134,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NVDL. Private Ocean LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth approximately $35,000. National Bank of Canada FI acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth approximately $42,000. Hollencrest Capital Management increased its position in GraniteShares 2x Long NVDA Daily ETF by 5,677.8% during the second quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock worth $72,000 after purchasing an additional 1,022 shares during the last quarter. Gilliland Jeter Wealth Management LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth approximately $72,000. Finally, Sequoia Financial Advisors LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth approximately $209,000.

GraniteShares 2x Long NVDA Daily ETF Stock Down 2.3 %

Shares of NVDL stock opened at $68.98 on Friday. GraniteShares 2x Long NVDA Daily ETF has a one year low of $13.94 and a one year high of $91.70. The company has a 50 day moving average price of $71.29 and a 200 day moving average price of $64.49.

GraniteShares 2x Long NVDA Daily ETF Profile

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.