Larson Financial Group LLC raised its stake in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report) by 1,198.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,532 shares of the company’s stock after purchasing an additional 2,337 shares during the period. Larson Financial Group LLC’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $168,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in NVDL. IFP Advisors Inc purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the fourth quarter worth about $27,000. Spire Wealth Management acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the fourth quarter valued at about $78,000. Centaurus Financial Inc. acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at about $134,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at about $153,000. Finally, HighTower Advisors LLC acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at about $210,000.
GraniteShares 2x Long NVDA Daily ETF Trading Up 2.9 %
Shares of NVDL opened at $38.07 on Wednesday. GraniteShares 2x Long NVDA Daily ETF has a 1-year low of $28.29 and a 1-year high of $91.70. The firm has a 50-day simple moving average of $59.43 and a two-hundred day simple moving average of $64.67.
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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