GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Get Free Report)’s stock price traded down 6.9% during mid-day trading on Friday . The stock traded as low as $31.20 and last traded at $31.33. 96,076 shares traded hands during trading, an increase of 53% from the average session volume of 62,611 shares. The stock had previously closed at $33.66.
GraniteShares 2x Long RIVN Daily ETF Price Performance
The firm has a 50 day moving average price of $28.78 and a 200 day moving average price of $34.35.
Institutional Investors Weigh In On GraniteShares 2x Long RIVN Daily ETF
An institutional investor recently bought a new stake in GraniteShares 2x Long RIVN Daily ETF stock. Jane Street Group LLC purchased a new stake in shares of GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,089 shares of the company’s stock, valued at approximately $231,000. Jane Street Group LLC owned approximately 1.78% of GraniteShares 2x Long RIVN Daily ETF at the end of the most recent reporting period.
GraniteShares 2x Long RIVN Daily ETF Company Profile
GraniteShares ETF Trust – GraniteShares 2x Long RIVN Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing and manufacturing electric vehicles and accessories sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.
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