CreativeOne Wealth LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,972 shares of the company’s stock, valued at approximately $350,000.
Several other hedge funds have also made changes to their positions in NVDL. Flow Traders U.S. LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the first quarter valued at approximately $3,950,000. Client First Investment Management LLC acquired a new stake in GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter worth approximately $2,715,000. XTX Topco Ltd purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the 1st quarter valued at approximately $658,000. NewEdge Advisors LLC grew its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 119.5% in the first quarter. NewEdge Advisors LLC now owns 29,264 shares of the company’s stock worth $1,094,000 after acquiring an additional 15,931 shares in the last quarter. Finally, Claro Advisors LLC grew its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 51.4% in the second quarter. Claro Advisors LLC now owns 19,326 shares of the company’s stock worth $1,361,000 after acquiring an additional 6,565 shares in the last quarter.
GraniteShares 2x Long NVDA Daily ETF Trading Down 3.9%
Shares of NASDAQ NVDL opened at $80.34 on Monday. The business’s fifty day simple moving average is $92.43 and its 200-day simple moving average is $80.44. GraniteShares 2x Long NVDA Daily ETF has a 12-month low of $23.12 and a 12-month high of $118.50.
GraniteShares 2x Long NVDA Daily ETF 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.
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