JPMorgan Chase & Co. Boosts Position in GraniteShares 2x Long NVDA Daily ETF $NVDL

JPMorgan Chase & Co. boosted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 412.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,410 shares of the company’s stock after buying an additional 18,039 shares during the quarter. JPMorgan Chase & Co.’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $2,098,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Chung Wu Investment Group LLC raised its position in GraniteShares 2x Long NVDA Daily ETF by 350.0% during the 3rd quarter. Chung Wu Investment Group LLC now owns 900 shares of the company’s stock worth $84,000 after buying an additional 700 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter worth approximately $88,000. CWM LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter worth approximately $94,000. Spire Wealth Management raised its position in GraniteShares 2x Long NVDA Daily ETF by 3,483.3% during the 3rd quarter. Spire Wealth Management now owns 1,075 shares of the company’s stock worth $101,000 after buying an additional 1,045 shares during the last quarter. Finally, Headlands Technologies LLC raised its position in GraniteShares 2x Long NVDA Daily ETF by 953.1% during the 2nd quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock worth $119,000 after buying an additional 1,525 shares during the last quarter.

GraniteShares 2x Long NVDA Daily ETF Price Performance

NVDL opened at $75.18 on Tuesday. GraniteShares 2x Long NVDA Daily ETF has a 12-month low of $23.12 and a 12-month high of $118.50. The firm has a 50 day moving average of $81.15 and a two-hundred day moving average of $86.51.

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.