Shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $63.19, but opened at $66.57. GraniteShares 2x Long NVDA Daily ETF shares last traded at $67.39, with a volume of 7,911,668 shares.
GraniteShares 2x Long NVDA Daily ETF Trading Up 8.1 %
The stock has a fifty day simple moving average of $74.57 and a 200 day simple moving average of $66.77.
Institutional Trading of GraniteShares 2x Long NVDA Daily ETF
A number of large investors have recently added to or reduced their stakes in the company. Diversify Advisory Services LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the third quarter worth $285,000. Strategic Blueprint LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at about $351,000. Hollencrest Capital Management lifted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 453.4% in the 3rd quarter. Hollencrest Capital Management now owns 5,755 shares of the company’s stock valued at $335,000 after acquiring an additional 4,715 shares during the last quarter. Brookstone Capital Management grew its position in GraniteShares 2x Long NVDA Daily ETF by 75.4% in the third quarter. Brookstone Capital Management now owns 37,858 shares of the company’s stock worth $2,203,000 after acquiring an additional 16,269 shares in the last quarter. Finally, Creative Planning bought a new stake in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth approximately $314,000.
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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