GraniteShares 2x Long NVDA Daily ETF $NVDL Stake Lowered by Client First Investment Management LLC

Client First Investment Management LLC cut its stake in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 46.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,517 shares of the company’s stock after selling 18,032 shares during the quarter. GraniteShares 2x Long NVDA Daily ETF makes up 1.0% of Client First Investment Management LLC’s portfolio, making the stock its 16th biggest holding. Client First Investment Management LLC’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $1,921,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Headlands Technologies LLC increased its position in GraniteShares 2x Long NVDA Daily ETF by 953.1% in the 2nd quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock worth $119,000 after purchasing an additional 1,525 shares during the last quarter. New Millennium Group LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at approximately $133,000. Osaic Holdings Inc. increased its holdings in GraniteShares 2x Long NVDA Daily ETF by 49.7% in the second quarter. Osaic Holdings Inc. now owns 2,375 shares of the company’s stock worth $167,000 after buying an additional 788 shares during the last quarter. Diversify Advisory Services LLC bought a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter valued at approximately $183,000. Finally, Lauer Wealth LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at approximately $198,000.

GraniteShares 2x Long NVDA Daily ETF Price Performance

NVDL stock opened at $90.80 on Wednesday. The firm has a 50 day moving average of $89.81 and a two-hundred day moving average of $84.05. GraniteShares 2x Long NVDA Daily ETF has a 12 month low of $23.12 and a 12 month high of $118.50.

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.