GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report) saw unusually-high trading volume on Wednesday. Approximately 24,326,893 shares changed hands during trading, an increase of 15% from the average daily volume of 21,172,676 shares. The stock last traded at $20.8160 and had previously closed at $19.28.
GraniteShares 2x Long NVDA Daily ETF Trading Down 9.0%
The stock has a fifty day simple moving average of $32.86 and a 200-day simple moving average of $31.50.
Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vestor Capital LLC purchased a new stake in GraniteShares 2x Long NVDA Daily ETF during the third quarter worth approximately $5,474,000. Corient Private Wealth LP purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at approximately $2,777,000. Renaissance Technologies LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF during the first quarter worth approximately $5,907,000. HighTower Advisors LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF during the third quarter worth approximately $900,000. Finally, Persium Advisors LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF during the third quarter worth approximately $844,000.
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.
Further Reading
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