GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 10,158,551 shares traded hands during mid-day trading, a decline of 42% from the previous session’s volume of 17,514,846 shares.The stock last traded at $47.57 and had previously closed at $47.00.
GraniteShares 2x Long NVDA Daily ETF Stock Up 4.0 %
The company has a fifty day simple moving average of $59.46 and a two-hundred day simple moving average of $52.08.
Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF
Several hedge funds have recently modified their holdings of the stock. Clarity Capital Partners LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 4th quarter worth $1,648,000. NBC Securities Inc. acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 1st quarter valued at about $59,000. Banque Cantonale Vaudoise acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 1st quarter valued at about $201,000. Capital CS Group LLC grew its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 519.0% during the 1st quarter. Capital CS Group LLC now owns 16,489 shares of the company’s stock worth $684,000 after purchasing an additional 13,825 shares during the period. Finally, IMC Chicago LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF during the 1st quarter worth approximately $5,753,000.
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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