GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $72.29, but opened at $70.84. GraniteShares 2x Long NVDA Daily ETF shares last traded at $68.94, with a volume of 3,250,763 shares.
GraniteShares 2x Long NVDA Daily ETF Stock Performance
The company’s 50-day moving average price is $74.27 and its two-hundred day moving average price is $66.88.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Private Ocean LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the second quarter worth approximately $35,000. National Bank of Canada FI bought a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth $42,000. Hollencrest Capital Management grew its holdings in GraniteShares 2x Long NVDA Daily ETF by 5,677.8% in the second quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock worth $72,000 after purchasing an additional 1,022 shares during the period. Centaurus Financial Inc. acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at about $134,000. Finally, Gilliland Jeter Wealth Management LLC boosted its position in shares of GraniteShares 2x Long NVDA Daily ETF by 144.9% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 2,535 shares of the company’s stock worth $148,000 after purchasing an additional 1,500 shares in 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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