Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Hits New 12-Month High – Time to Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $27.98 and last traded at $27.96, with a volume of 1008158 shares trading hands. The stock had previously closed at $27.57.

Fundstrat Granny Shots U.S. Large Cap ETF Stock Up 1.4%

The stock has a fifty day moving average of $27.12 and a 200-day moving average of $25.74. The stock has a market capitalization of $4.44 billion, a PE ratio of 31.86 and a beta of 1.23.

Hedge Funds Weigh In On Fundstrat Granny Shots U.S. Large Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors raised its holdings in Fundstrat Granny Shots U.S. Large Cap ETF by 127.1% in the second quarter. Captrust Financial Advisors now owns 26,200 shares of the company’s stock valued at $594,000 after acquiring an additional 14,662 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF in the 3rd quarter valued at approximately $106,000. Parallel Advisors LLC raised its holdings in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 407.7% in the 3rd quarter. Parallel Advisors LLC now owns 158,904 shares of the company’s stock valued at $3,971,000 after purchasing an additional 127,604 shares in the last quarter. Chilton Investment Co. Inc. purchased a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF during the 3rd quarter worth $204,000. Finally, Brick & Kyle Associates lifted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 1.5% during the 3rd quarter. Brick & Kyle Associates now owns 68,282 shares of the company’s stock worth $1,706,000 after purchasing an additional 987 shares during the last quarter.

About Fundstrat Granny Shots U.S. Large Cap ETF

The fundstrat Granny Shots US Large Cap ETF (GRNY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that invests in 20 to 50 US large-cap securities across 5 to 10 themes determined to likely impact the economy and stock market. GRNY was launched on Nov 7, 2024 and is issued by Fundstrat.