GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Shares Acquired by Hollencrest Capital Management

Hollencrest Capital Management increased its stake in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 453.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,755 shares of the company’s stock after buying an additional 4,715 shares during the quarter. Hollencrest Capital Management’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $335,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the first quarter valued at about $10,343,000. Nisa Investment Advisors LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter worth approximately $7,518,000. Brookstone Capital Management purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter worth approximately $1,502,000. Creative Planning lifted its stake in GraniteShares 2x Long NVDA Daily ETF by 299.8% during the 3rd quarter. Creative Planning now owns 18,038 shares of the company’s stock valued at $1,050,000 after acquiring an additional 13,526 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 409.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 15,287 shares of the company’s stock valued at $890,000 after acquiring an additional 12,287 shares during the last quarter.

GraniteShares 2x Long NVDA Daily ETF Trading Down 1.8 %

NASDAQ:NVDL opened at $83.19 on Friday. The company’s fifty day moving average price is $64.03 and its 200-day moving average price is $60.58. GraniteShares 2x Long NVDA Daily ETF has a 1-year low of $13.94 and a 1-year high of $91.70.

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.