Shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $67.16, but opened at $61.29. GraniteShares 2x Long NVDA Daily ETF shares last traded at $62.60, with a volume of 6,018,690 shares traded.
GraniteShares 2x Long NVDA Daily ETF Trading Down 6.4 %
The stock has a fifty day moving average price of $73.35 and a two-hundred day moving average price of $66.41.
Institutional Trading of GraniteShares 2x Long NVDA Daily ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. Diversify Advisory Services LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter worth approximately $285,000. Strategic Blueprint LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter valued at $351,000. Hollencrest Capital Management grew its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 453.4% during the 3rd quarter. Hollencrest Capital Management now owns 5,755 shares of the company’s stock worth $335,000 after purchasing an additional 4,715 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter worth approximately $210,000. Finally, Brookstone Capital Management boosted its position in shares of GraniteShares 2x Long NVDA Daily ETF by 75.4% during the 3rd 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.
About GraniteShares 2x Long NVDA Daily ETF
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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