Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Sets New 52-Week High – Still a Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $27.24 and last traded at $27.19, with a volume of 1400528 shares. The stock had previously closed at $26.99.

Fundstrat Granny Shots U.S. Large Cap ETF Trading Up 0.7%

The company’s 50 day simple moving average is $25.14 and its 200-day simple moving average is $25.14. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 31.86 and a beta of 1.29.

Institutional Investors Weigh In On Fundstrat Granny Shots U.S. Large Cap ETF

Several hedge funds have recently modified their holdings of GRNY. Sage Private Wealth Group LLC acquired a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF in the third quarter worth approximately $17,248,000. Longview Financial Advisors Inc. acquired a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF in the third quarter worth approximately $10,536,000. NewEdge Advisors LLC boosted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 47.1% in the fourth quarter. NewEdge Advisors LLC now owns 683,497 shares of the company’s stock worth $16,923,000 after acquiring an additional 218,753 shares during the last quarter. Brick & Kyle Associates boosted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 226.8% in the fourth quarter. Brick & Kyle Associates now owns 223,159 shares of the company’s stock worth $5,525,000 after acquiring an additional 154,877 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 57,556.1% in the fourth quarter. Farther Finance Advisors LLC now owns 155,095 shares of the company’s stock worth $3,840,000 after acquiring an additional 154,826 shares during the last quarter.

About Fundstrat Granny Shots U.S. Large Cap ETF

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.