SBI Securities Co. Ltd. purchased a new position in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 49,811 shares of the company’s stock, valued at approximately $3,307,000.
Several other institutional investors also recently modified their holdings of the business. IFP Advisors Inc bought a new position in GraniteShares 2x Long NVDA Daily ETF during the 4th quarter valued at approximately $27,000. Spire Wealth Management purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the fourth quarter worth $78,000. Centaurus Financial Inc. purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the third quarter worth $134,000. Safe Harbor Fiduciary LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at $153,000. Finally, HighTower Advisors LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth about $210,000.
GraniteShares 2x Long NVDA Daily ETF Trading Up 7.7 %
Shares of GraniteShares 2x Long NVDA Daily ETF stock opened at $51.44 on Monday. GraniteShares 2x Long NVDA Daily ETF has a 1 year low of $28.29 and a 1 year high of $91.70. The firm’s 50-day moving average is $63.59 and its 200 day moving average is $65.94.
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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