GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Shares Gap Up to $38.44

GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $38.44, but opened at $39.25. GraniteShares 2x Long NVDA Daily ETF shares last traded at $38.00, with a volume of 2,803,662 shares changing hands.

GraniteShares 2x Long NVDA Daily ETF Stock Up 1.3 %

The business’s fifty day simple moving average is $34.90 and its two-hundred day simple moving average is $21.36.

Institutional Trading of GraniteShares 2x Long NVDA Daily ETF

Hedge funds have recently bought and sold shares of the stock. IMC Chicago LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 1st quarter worth about $5,753,000. Jane Street Group LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 4th quarter worth about $469,000. Clarity Capital Partners LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 4th quarter worth about $1,648,000. SeaCrest Wealth Management LLC bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 1st quarter worth about $695,000. Finally, Capital CS Group LLC lifted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 519.0% during the 1st quarter. Capital CS Group LLC now owns 16,489 shares of the company’s stock worth $684,000 after acquiring an additional 13,825 shares during the period.

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.