GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s share price traded down 7.4% during trading on Friday . The stock traded as low as $28.86 and last traded at $29.44. 4,093,526 shares changed hands during trading, a decline of 84% from the average daily volume of 26,072,049 shares. The stock had previously closed at $31.79.
GraniteShares 2x Long NVDA Daily ETF Price Performance
The stock’s 50-day moving average price is $33.35 and its two-hundred day moving average price is $30.24.
Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Financial Life Planners bought a new position in GraniteShares 2x Long NVDA Daily ETF during the 1st quarter valued at approximately $25,000. Parallel Advisors LLC raised its stake in GraniteShares 2x Long NVDA Daily ETF by 104.3% during the fourth quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock valued at $54,000 after buying an additional 313 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the third quarter worth $88,000. CoreCap Advisors LLC boosted its holdings in GraniteShares 2x Long NVDA Daily ETF by 200.0% in the second quarter. CoreCap Advisors LLC now owns 3,462 shares of the company’s stock worth $103,000 after acquiring an additional 2,308 shares in the last quarter. Finally, Headlands Technologies LLC boosted its holdings in GraniteShares 2x Long NVDA Daily ETF by 953.1% in the second quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock worth $119,000 after acquiring an additional 1,525 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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