Persium Advisors LLC Makes New $844,000 Investment in GraniteShares 2x Long NVDA Daily ETF $NVDL

Persium Advisors LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 23,000 shares of the company’s stock, valued at approximately $844,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cherry Tree Wealth Management LLC raised its stake in GraniteShares 2x Long NVDA Daily ETF by 255.9% during the second quarter. Cherry Tree Wealth Management LLC now owns 16,936 shares of the company’s stock worth $505,000 after acquiring an additional 12,178 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 200.0% in the second quarter. Sequoia Financial Advisors LLC now owns 15,945 shares of the company’s stock worth $475,000 after acquiring an additional 10,630 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at approximately $43,000. Corient Private Wealth LP acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at approximately $2,777,000. Finally, Turner Financial Group Inc. bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter valued at approximately $303,000.

GraniteShares 2x Long NVDA Daily ETF Price Performance

NVDL stock traded down $0.60 during trading on Wednesday, reaching $39.57. 7,153,984 shares of the company were exchanged, compared to its average volume of 22,192,150. The company has a 50-day moving average of $35.06 and a two-hundred day moving average of $32.72. GraniteShares 2x Long NVDA Daily ETF has a twelve month low of $21.54 and a twelve month high of $43.27.

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.