GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Shares Gap Up to $31.21

GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $31.21, but opened at $32.20. GraniteShares 2x Long NVDA Daily ETF shares last traded at $32.30, with a volume of 5,020,038 shares changing hands.

GraniteShares 2x Long NVDA Daily ETF Price Performance

The company has a fifty day moving average price of $35.43 and a 200-day moving average price of $21.95.

Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF

Large investors have recently made changes to their positions in the company. Signaturefd LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the third quarter worth about $153,000. Hoey Investments Inc. grew its position in GraniteShares 2x Long NVDA Daily ETF by 432.6% in the third quarter. Hoey Investments Inc. now owns 13,182 shares of the company’s stock worth $1,118,000 after acquiring an additional 10,707 shares in the last quarter. AlphaMark Advisors LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the third quarter worth about $34,000. TRUE Private Wealth Advisors purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the third quarter worth about $926,000. Finally, Banque Cantonale Vaudoise purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the first quarter worth about $201,000.

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.