Private Ocean LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 500 shares of the company’s stock, valued at approximately $35,000.
Several other hedge funds have also added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the first quarter worth $10,343,000. IMC Chicago LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the first quarter valued at about $5,753,000. Nisa Investment Advisors LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the second quarter valued at about $7,518,000. TRUE Private Wealth Advisors raised its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 551.9% during the first quarter. TRUE Private Wealth Advisors now owns 71,642 shares of the company’s stock valued at $2,973,000 after acquiring an additional 60,653 shares during the last quarter. Finally, Brookstone Capital Management bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the second quarter valued at about $1,502,000.
GraniteShares 2x Long NVDA Daily ETF Stock Performance
Shares of NASDAQ:NVDL traded up $1.64 during midday trading on Friday, hitting $58.39. 18,943,104 shares of the stock traded hands, compared to its average volume of 17,303,475. The business’s 50 day moving average is $63.32 and its two-hundred day moving average is $50.54. GraniteShares 2x Long NVDA Daily ETF has a one year low of $11.94 and a one year high of $91.70.
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.
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