Hollencrest Capital Management cut its position in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report) by 61.1% during the 4th quarter, HoldingsChannel reports. The firm owned 2,240 shares of the company’s stock after selling 3,515 shares during the quarter. Hollencrest Capital Management’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $149,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of NVDL. IFP Advisors Inc bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the fourth quarter worth $27,000. Spire Wealth Management bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the fourth quarter worth $78,000. Centaurus Financial Inc. bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter worth $134,000. Larson Financial Group LLC increased its position in shares of GraniteShares 2x Long NVDA Daily ETF by 1,198.5% during the fourth quarter. Larson Financial Group LLC now owns 2,532 shares of the company’s stock worth $168,000 after acquiring an additional 2,337 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter worth $153,000.
GraniteShares 2x Long NVDA Daily ETF Price Performance
Shares of NVDL stock opened at $43.06 on Thursday. The firm has a fifty day moving average of $58.97 and a 200-day moving average of $64.52. GraniteShares 2x Long NVDA Daily ETF has a 12-month low of $28.29 and a 12-month high of $91.70.
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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Want to see what other hedge funds are holding NVDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report).
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