Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Sets New 12-Month High – Time to Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) shares hit a new 52-week high on Friday . The company traded as high as $25.78 and last traded at $25.80, with a volume of 660920 shares changing hands. The stock had previously closed at $25.38.

Fundstrat Granny Shots U.S. Large Cap ETF Price Performance

The stock has a market cap of $3.41 billion and a price-to-earnings ratio of 31.86. The business’s 50 day moving average is $24.49 and its 200 day moving average is $22.38.

Institutional Investors Weigh In On Fundstrat Granny Shots U.S. Large Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in GRNY. Janney Montgomery Scott LLC increased its stake in Fundstrat Granny Shots U.S. Large Cap ETF by 4.4% in the second quarter. Janney Montgomery Scott LLC now owns 542,414 shares of the company’s stock valued at $12,302,000 after purchasing an additional 22,773 shares during the last quarter. SOA Wealth Advisors LLC. boosted its holdings in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 354.2% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 329,072 shares of the company’s stock valued at $8,224,000 after buying an additional 256,625 shares in the last quarter. CoreCap Advisors LLC purchased a new position in shares of Fundstrat Granny Shots U.S. Large Cap ETF in the 3rd quarter valued at $7,335,000. Redwood Wealth Management Group LLC grew its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 1.6% in the 2nd quarter. Redwood Wealth Management Group LLC now owns 219,537 shares of the company’s stock valued at $4,979,000 after buying an additional 3,530 shares during the last quarter. Finally, Brick & Kyle Associates raised its stake in Fundstrat Granny Shots U.S. Large Cap ETF by 134.3% during the 2nd quarter. Brick & Kyle Associates now owns 67,295 shares of the company’s stock worth $1,589,000 after acquiring an additional 38,575 shares in the last quarter.

About Fundstrat Granny Shots U.S. Large Cap ETF

The fundstrat Granny Shots US Large Cap ETF (GRNY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that invests in 20 to 50 US large-cap securities across 5 to 10 themes determined to likely impact the economy and stock market. GRNY was launched on Nov 7, 2024 and is issued by Fundstrat.