GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) rose 9.4% on Wednesday . The company traded as high as $59.49 and last traded at $58.51. Approximately 12,146,062 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 24,135,156 shares. The stock had previously closed at $53.50.
GraniteShares 2x Long NVDA Daily ETF Stock Up 5.2 %
The firm has a 50 day simple moving average of $64.31 and a two-hundred day simple moving average of $65.99.
Institutional Trading of GraniteShares 2x Long NVDA Daily ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Creative Planning raised its position in GraniteShares 2x Long NVDA Daily ETF by 299.8% in the third quarter. Creative Planning now owns 18,038 shares of the company’s stock valued at $1,050,000 after purchasing an additional 13,526 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth approximately $285,000. Strategic Blueprint LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth about $351,000. Vestor Capital LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter worth approximately $300,000. Finally, NorthRock Partners LLC grew its holdings in GraniteShares 2x Long NVDA Daily ETF by 19.5% during the 3rd quarter. NorthRock Partners LLC now owns 5,737 shares of the company’s stock valued at $334,000 after purchasing an additional 937 shares during the last quarter.
GraniteShares 2x Long NVDA Daily ETF Company 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.
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