GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $70.62, but opened at $68.63. GraniteShares 2x Long NVDA Daily ETF shares last traded at $66.20, with a volume of 8,786,908 shares traded.
GraniteShares 2x Long NVDA Daily ETF Stock Performance
The business has a 50 day moving average of $71.29 and a 200 day moving average of $64.49.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC bought a new position in GraniteShares 2x Long NVDA Daily ETF during the first quarter valued at $10,343,000. Sequoia Financial Advisors LLC purchased a new stake in GraniteShares 2x Long NVDA Daily ETF during the second quarter valued at approximately $209,000. Silver Lake Advisory LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at approximately $264,000. Brookstone Capital Management purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter worth approximately $1,502,000. Finally, Nisa Investment Advisors LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter worth approximately $7,518,000.
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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