GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) was the recipient of some unusual options trading on Friday. Stock traders bought 33,555 call options on the stock. This represents an increase of approximately 31% compared to the average volume of 25,575 call options.
GraniteShares 2x Long NVDA Daily ETF Price Performance
Shares of NASDAQ NVDL traded up $2.47 during midday trading on Friday, reaching $33.03. The company’s stock had a trading volume of 17,461,941 shares, compared to its average volume of 26,618,777. The stock has a 50 day simple moving average of $33.48 and a 200-day simple moving average of $30.17. GraniteShares 2x Long NVDA Daily ETF has a fifty-two week low of $21.54 and a fifty-two week high of $43.27.
Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NVDL. Financial Life Planners acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 1st quarter worth about $25,000. Parallel Advisors LLC raised its holdings in GraniteShares 2x Long NVDA Daily ETF by 104.3% during the fourth quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock worth $54,000 after acquiring an additional 313 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the third quarter valued at approximately $88,000. CoreCap Advisors LLC boosted its position in GraniteShares 2x Long NVDA Daily ETF by 200.0% during the second quarter. CoreCap Advisors LLC now owns 3,462 shares of the company’s stock valued at $103,000 after purchasing an additional 2,308 shares during the last quarter. Finally, Headlands Technologies LLC grew its stake in GraniteShares 2x Long NVDA Daily ETF by 953.1% in the second quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock valued at $119,000 after purchasing an additional 1,525 shares in the last quarter.
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.
Featured Stories
- Five stocks we like better than GraniteShares 2x Long NVDA Daily ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for GraniteShares 2x Long NVDA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long NVDA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
