Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Reaches New 12-Month High – Still a Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) shares hit a new 52-week high during trading on Friday . The company traded as high as $23.85 and last traded at $23.90, with a volume of 382239 shares traded. The stock had previously closed at $23.66.

Fundstrat Granny Shots U.S. Large Cap ETF Stock Up 0.6%

The stock has a 50 day simple moving average of $22.49 and a 200 day simple moving average of $20.46. The company has a market cap of $1.91 billion and a price-to-earnings ratio of 31.86.

Institutional Trading of Fundstrat Granny Shots U.S. Large Cap ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Horrell Capital Management Inc. boosted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 47.1% during the second quarter. Horrell Capital Management Inc. now owns 9,416 shares of the company’s stock worth $214,000 after buying an additional 3,016 shares during the period. Redwood Wealth Management Group LLC boosted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 1.6% during the second quarter. Redwood Wealth Management Group LLC now owns 219,537 shares of the company’s stock worth $4,979,000 after buying an additional 3,530 shares during the period. Game Plan Financial Advisors LLC boosted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 11.4% during the second quarter. Game Plan Financial Advisors LLC now owns 37,943 shares of the company’s stock worth $861,000 after buying an additional 3,885 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in shares of Fundstrat Granny Shots U.S. Large Cap ETF during the second quarter worth approximately $638,000. Finally, SOA Wealth Advisors LLC. boosted its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 32.2% during the second quarter. SOA Wealth Advisors LLC. now owns 72,447 shares of the company’s stock worth $1,643,000 after buying an additional 17,657 shares during the period.

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.