GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Gap Up – Time to Buy?

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $160.95, but opened at $180.75. GraniteShares 2x Long MRVL Daily ETF shares last traded at $179.32, with a volume of 737,799 shares changing hands.

GraniteShares 2x Long MRVL Daily ETF Trading Up 15.0%

The firm has a fifty day moving average price of $83.84 and a 200 day moving average price of $43.30.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

Several hedge funds and other institutional investors have recently made changes to their positions in MVLL. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MRVL Daily ETF during the 2nd quarter valued at $33,000. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 225.1% during the 3rd quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock valued at $519,000 after purchasing an additional 15,196 shares during the last quarter. Finally, Simplex Trading LLC lifted its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 269.4% during the 4th quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock valued at $100,000 after purchasing an additional 3,394 shares during the last quarter.

GraniteShares 2x Long MRVL Daily ETF Company Profile

(Get Free Report)

GraniteShares 2x Long MRVL Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of Marvell Technology, inc.

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