T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Shares Climb 0.1% – Should You Buy?

Shares of T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) traded up 0.1% on Tuesday. The stock traded as high as $23.41 and last traded at $22.61. Approximately 3,432,416 shares changed hands during trading, a decline of 66% from the average daily volume of 10,154,962 shares. The stock had previously closed at $22.59.

T-Rex 2X Long NVIDIA Daily Target ETF Price Performance

The firm’s 50-day moving average price is $19.79 and its 200 day moving average price is $18.60. The firm has a market cap of $906.77 million, a P/E ratio of 42.82 and a beta of 5.00.

Institutional Investors Weigh In On T-Rex 2X Long NVIDIA Daily Target ETF

An institutional investor recently raised its stake in T-Rex 2X Long NVIDIA Daily Target ETF stock. Vestor Capital LLC raised its position in shares of T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) by 380.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,407 shares of the company’s stock after purchasing an additional 17,745 shares during the quarter. Vestor Capital LLC owned 0.05% of T-Rex 2X Long NVIDIA Daily Target ETF worth $312,000 at the end of the most recent quarter.

About T-Rex 2X Long NVIDIA Daily Target ETF

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of NVIDIA Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.