GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) were down 9.3% during trading on Friday . The stock traded as low as $33.63 and last traded at $33.64. 20,643,607 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 23,946,035 shares. The stock had previously closed at $37.07.
GraniteShares 2x Long NVDA Daily ETF Trading Down 9.1%
The company’s 50-day simple moving average is $31.81 and its two-hundred day simple moving average is $31.07.
Hedge Funds Weigh In On GraniteShares 2x Long NVDA Daily ETF
Several hedge funds and other institutional investors have recently modified their holdings of NVDL. Financial Life Planners purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the first quarter worth about $25,000. Parallel Advisors LLC grew its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 104.3% in the fourth quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock worth $54,000 after purchasing an additional 313 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 valued at about $88,000. CoreCap Advisors LLC increased its holdings in GraniteShares 2x Long NVDA Daily ETF by 200.0% during the 2nd quarter. CoreCap Advisors LLC now owns 3,462 shares of the company’s stock valued at $103,000 after purchasing an additional 2,308 shares during the period. 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 valued at $119,000 after purchasing an additional 1,525 shares during the last quarter.
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.
Read More
- Five stocks we like better than GraniteShares 2x Long NVDA Daily ETF
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for GraniteShares 2x Long NVDA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long NVDA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
