NorthRock Partners LLC Boosts Stock Position in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

NorthRock Partners LLC lifted its holdings in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 19.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,737 shares of the company’s stock after purchasing an additional 937 shares during the quarter. NorthRock Partners LLC’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $334,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVDL. Hoey Investments Inc. grew its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 302.2% in the first quarter. Hoey Investments Inc. now owns 14,873 shares of the company’s stock valued at $617,000 after purchasing an additional 11,175 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the first quarter valued at $10,343,000. Sequoia Financial Advisors LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at $209,000. Silver Lake Advisory LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at $264,000. Finally, Brookstone Capital Management purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at $1,502,000.

GraniteShares 2x Long NVDA Daily ETF Price Performance

NVDL stock opened at $74.97 on Wednesday. The firm has a fifty day moving average price of $62.66 and a 200 day moving average price of $59.90. GraniteShares 2x Long NVDA Daily ETF has a fifty-two week low of $13.94 and a fifty-two week high of $91.70.

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.