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

GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) gapped up before the market opened 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 trading hands.

GraniteShares 2x Long NVDA Daily ETF Trading Up 1.3 %

The company’s 50 day moving average price is $34.90 and its 200-day moving average price is $21.36.

Institutional Trading of GraniteShares 2x Long NVDA Daily ETF

Several institutional investors have recently made changes to their positions in the stock. IMC Chicago LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 1st quarter valued at $5,753,000. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 4th quarter valued at $469,000. Clarity Capital Partners LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 4th quarter valued at $1,648,000. SeaCrest Wealth Management LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF during the 1st quarter valued at $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 valued at $684,000 after acquiring an additional 13,825 shares in the last quarter.

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.