Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Hits New 12-Month High – Still a Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $28.02 and last traded at $27.95, with a volume of 906229 shares traded. The stock had previously closed at $27.39.

Fundstrat Granny Shots U.S. Large Cap ETF Trading Up 1.9%

The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 31.86 and a beta of 1.23. The stock has a 50-day moving average price of $27.34 and a 200 day moving average price of $26.04.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. AdvisorNet Financial Inc lifted its holdings in Fundstrat Granny Shots U.S. Large Cap ETF by 116.8% in the 1st quarter. AdvisorNet Financial Inc now owns 1,216 shares of the company’s stock valued at $29,000 after purchasing an additional 655 shares in the last quarter. Versant Capital Management Inc acquired a new position in shares of Fundstrat Granny Shots U.S. Large Cap ETF during the 2nd quarter valued at about $42,000. Sunbelt Securities Inc. grew its holdings in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 314.9% in the fourth quarter. Sunbelt Securities Inc. now owns 3,423 shares of the company’s stock valued at $85,000 after purchasing an additional 2,598 shares during the period. Triumph Capital Management purchased a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF in the third quarter valued at about $89,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF in the third quarter valued at about $106,000.

Fundstrat Granny Shots U.S. Large Cap ETF Company Profile

The fundstrat Granny Shots US Large Cap ETF (GRNY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that invests in 20 to 50 US large-cap securities across 5 to 10 themes determined to likely impact the economy and stock market. GRNY was launched on Nov 7, 2024 and is issued by Fundstrat.