GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) traded up 9.6% during trading on Monday . The stock traded as high as $112.61 and last traded at $112.61. 6,258,295 shares were traded during mid-day trading, a decline of 35% from the average session volume of 9,560,326 shares. The stock had previously closed at $102.72.
GraniteShares 2x Long NVDA Daily ETF Stock Up 7.9%
The firm has a fifty day simple moving average of $94.11 and a two-hundred day simple moving average of $88.48.
Institutional Trading of GraniteShares 2x Long NVDA Daily ETF
Several institutional investors and hedge funds have recently modified their holdings of NVDL. NewEdge Advisors LLC raised its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 119.5% in the 1st quarter. NewEdge Advisors LLC now owns 29,264 shares of the company’s stock valued at $1,094,000 after acquiring an additional 15,931 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $183,000. Josh Arnold Investment Consultant LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $481,000. EP Wealth Advisors LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $409,000. Finally, Snowden Capital Advisors LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $272,000.
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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