APEIRON CAPITAL Ltd Sells 1,000,000 Shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

APEIRON CAPITAL Ltd decreased its stake in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 40.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,461,080 shares of the company’s stock after selling 1,000,000 shares during the quarter. GraniteShares 2x Long NVDA Daily ETF makes up approximately 36.2% of APEIRON CAPITAL Ltd’s holdings, making the stock its largest position. APEIRON CAPITAL Ltd’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $97,001,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. National Bank of Canada FI purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at about $42,000. Hollencrest Capital Management grew its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 5,677.8% in the 2nd quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock valued at $72,000 after buying an additional 1,022 shares in the last quarter. Centaurus Financial Inc. acquired a new position in GraniteShares 2x Long NVDA Daily ETF in the third quarter worth approximately $134,000. Gilliland Jeter Wealth Management LLC raised its position in GraniteShares 2x Long NVDA Daily ETF by 144.9% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 2,535 shares of the company’s stock valued at $148,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF in the third quarter valued at approximately $153,000.

GraniteShares 2x Long NVDA Daily ETF Stock Performance

Shares of NVDL opened at $81.84 on Tuesday. The company’s fifty day moving average is $73.40 and its 200-day moving average is $66.41. GraniteShares 2x Long NVDA Daily ETF has a 12 month low of $14.89 and a 12 month high of $91.70.

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.