IMC Chicago LLC Takes $5.75 Million Position in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

IMC Chicago LLC acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 138,636 shares of the company’s stock, valued at approximately $5,753,000. IMC Chicago LLC owned approximately 0.31% of GraniteShares 2x Long NVDA Daily ETF as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in NVDL. Tower Research Capital LLC TRC purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the 3rd quarter worth $391,000. Capital CS Group LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the 4th quarter worth $239,000. AlphaMark Advisors LLC increased its position in shares of GraniteShares 2x Long NVDA Daily ETF by 65.9% in the fourth quarter. AlphaMark Advisors LLC now owns 667 shares of the company’s stock valued at $60,000 after acquiring an additional 265 shares during the period. Socha Financial Group LLC purchased a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the fourth quarter valued at about $732,000. Finally, Headlands Technologies LLC increased its position in shares of GraniteShares 2x Long NVDA Daily ETF by 567.6% in the fourth quarter. Headlands Technologies LLC now owns 494 shares of the company’s stock valued at $44,000 after acquiring an additional 420 shares during the period.

GraniteShares 2x Long NVDA Daily ETF Price Performance

Shares of NVDL stock traded up $8.81 during mid-day trading on Tuesday, reaching $72.87. The stock had a trading volume of 25,243,008 shares, compared to its average volume of 14,535,455. The stock’s 50-day moving average price is $51.78 and its two-hundred day moving average price is $34.68. GraniteShares 2x Long NVDA Daily ETF has a 52-week low of $11.94 and a 52-week high of $91.70.

GraniteShares 2x Long NVDA Daily ETF 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.