GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) reached a new 52-week low during trading on Monday. The stock traded as low as $20.91 and last traded at $20.1430, with a volume of 5,632,391 shares traded. The stock had previously closed at $23.71.
GraniteShares 2x Long NVDA Daily ETF Stock Performance
The stock’s 50-day simple moving average is $34.02 and its two-hundred day simple moving average is $31.67.
Hedge Funds Weigh In On GraniteShares 2x Long NVDA Daily ETF
Hedge funds have recently added to or reduced their stakes in the company. Vestor Capital LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at $5,474,000. Corient Private Wealth LP purchased a new stake in GraniteShares 2x Long NVDA Daily ETF in the second quarter worth $2,777,000. Renaissance Technologies LLC purchased a new stake in GraniteShares 2x Long NVDA Daily ETF in the first quarter worth $5,907,000. Persium Advisors LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter worth $844,000. Finally, Optiver Holding B.V. lifted its position in shares of GraniteShares 2x Long NVDA Daily ETF by 7.7% during the first quarter. Optiver Holding B.V. now owns 22,874 shares of the company’s stock worth $1,660,000 after purchasing an additional 1,632 shares during 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.
Further Reading
- Five stocks we like better than GraniteShares 2x Long NVDA Daily ETF
- America’s Rare Earth Clock Is Running Out, But the Bottleneck Isn’t Where You Think
- Atlassian Tanks After Huge Run as Guidance Disappoints, But Strength Remains
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
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.
