Gilliland Jeter Wealth Management LLC Acquires 1,500 Shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

Gilliland Jeter Wealth Management LLC increased its holdings in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 144.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,535 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. Gilliland Jeter Wealth Management LLC’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $148,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. SeaCrest Wealth Management LLC lifted its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 3.6% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 6,339 shares of the company’s stock valued at $369,000 after purchasing an additional 221 shares during the period. Private Ocean LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter worth about $35,000. National Bank of Canada FI bought a new stake in shares of GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter valued at about $42,000. AlphaMark Advisors LLC raised its position in shares of GraniteShares 2x Long NVDA Daily ETF by 11.4% in the 3rd quarter. AlphaMark Advisors LLC now owns 6,774 shares of the company’s stock valued at $394,000 after acquiring an additional 694 shares during the period. Finally, Hollencrest Capital Management grew its holdings in GraniteShares 2x Long NVDA Daily ETF by 5,677.8% during the second quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock valued at $72,000 after purchasing an additional 1,022 shares during the period.

GraniteShares 2x Long NVDA Daily ETF Price Performance

Shares of NVDL stock opened at $73.86 on Monday. The firm has a fifty day moving average of $59.97 and a 200-day moving average of $56.70. GraniteShares 2x Long NVDA Daily ETF has a 12-month low of $11.94 and a 12-month high of $91.70.

About GraniteShares 2x Long NVDA Daily ETF

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.