HighTower Advisors LLC grew its holdings in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Free Report) by 290.5% during the fourth quarter, Holdings Channel reports. The firm owned 14,166 shares of the company’s stock after acquiring an additional 10,538 shares during the quarter. HighTower Advisors LLC’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $940,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. Prosperity Wealth Management Inc. bought a new position in GraniteShares 2x Long NVDA Daily ETF in the fourth quarter worth about $1,202,000. Larson Financial Group LLC lifted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 1,198.5% in the 4th quarter. Larson Financial Group LLC now owns 2,532 shares of the company’s stock worth $168,000 after purchasing an additional 2,337 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the 4th quarter valued at approximately $3,307,000. IFP Advisors Inc bought a new position in GraniteShares 2x Long NVDA Daily ETF during the 4th quarter worth $27,000. Finally, Sigma Planning Corp increased its position in GraniteShares 2x Long NVDA Daily ETF by 18.6% in the fourth quarter. Sigma Planning Corp now owns 8,719 shares of the company’s stock worth $579,000 after buying an additional 1,369 shares during the period.
GraniteShares 2x Long NVDA Daily ETF Price Performance
Shares of NVDL opened at $40.97 on Thursday. GraniteShares 2x Long NVDA Daily ETF has a 1 year low of $28.29 and a 1 year high of $91.70. The firm has a fifty day moving average of $53.77 and a 200-day moving average of $63.75.
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.
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