GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $71.58, but opened at $75.52. GraniteShares 2x Long NVDA Daily ETF shares last traded at $77.45, with a volume of 5,624,740 shares trading hands.
GraniteShares 2x Long NVDA Daily ETF Stock Performance
The stock has a 50-day simple moving average of $71.44 and a 200 day simple moving average of $66.27.
Institutional Trading of GraniteShares 2x Long NVDA Daily ETF
Several institutional investors have recently made changes to their positions in NVDL. Diversify Advisory Services LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter valued at approximately $285,000. Strategic Blueprint LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the third quarter worth $351,000. JPMorgan Chase & Co. increased its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 8.0% in the third quarter. JPMorgan Chase & Co. now owns 78,492 shares of the company’s stock worth $4,567,000 after acquiring an additional 5,839 shares during the last quarter. Hollencrest Capital Management boosted its position in GraniteShares 2x Long NVDA Daily ETF by 453.4% during the third quarter. Hollencrest Capital Management now owns 5,755 shares of the company’s stock valued at $335,000 after purchasing an additional 4,715 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at $210,000.
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.
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