Oriental Harbor Investment Fund Makes New Investment in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

Oriental Harbor Investment Fund purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 479,321 shares of the company’s stock, valued at approximately $27,892,000. GraniteShares 2x Long NVDA Daily ETF accounts for 3.1% of Oriental Harbor Investment Fund’s investment portfolio, making the stock its 9th biggest position. Oriental Harbor Investment Fund owned approximately 0.60% of GraniteShares 2x Long NVDA Daily ETF as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of NVDL. Private Ocean LLC purchased a new stake in GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter worth about $35,000. National Bank of Canada FI purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $42,000. Hollencrest Capital Management increased its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 5,677.8% in the 2nd quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock valued at $72,000 after acquiring an additional 1,022 shares during the last quarter. Gilliland Jeter Wealth Management LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $72,000. Finally, Centaurus Financial Inc. purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter valued at about $134,000.

GraniteShares 2x Long NVDA Daily ETF Trading Down 2.9 %

NVDL opened at $70.29 on Friday. GraniteShares 2x Long NVDA Daily ETF has a one year low of $13.94 and a one year high of $91.70. The business’s 50-day simple moving average is $74.55 and its 200-day simple moving average is $66.52.

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.