TB Alternative Assets Ltd. Takes Position in GraniteShares 2x Long NVDA Daily ETF $NVDL

TB Alternative Assets Ltd. bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 34,000 shares of the company’s stock, valued at approximately $3,183,000. TB Alternative Assets Ltd. owned 0.07% of GraniteShares 2x Long NVDA Daily ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter valued at $94,000. Headlands Technologies LLC boosted its position in shares of GraniteShares 2x Long NVDA Daily ETF by 953.1% in the second quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock valued at $119,000 after acquiring an additional 1,525 shares during the period. New Millennium Group LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at about $133,000. Osaic Holdings Inc. increased its position in GraniteShares 2x Long NVDA Daily ETF by 49.7% during the second quarter. Osaic Holdings Inc. now owns 2,375 shares of the company’s stock worth $167,000 after acquiring an additional 788 shares during the period. Finally, Diversify Advisory Services LLC bought a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth about $183,000.

GraniteShares 2x Long NVDA Daily ETF Price Performance

NASDAQ NVDL opened at $92.03 on Friday. GraniteShares 2x Long NVDA Daily ETF has a 12-month low of $23.12 and a 12-month high of $118.50. The firm has a 50-day moving average price of $89.98 and a two-hundred day moving average price of $84.55.

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.