Optiver Holding B.V. Cuts Stock Holdings in GraniteShares 2x Long NVDA Daily ETF $NVDL

Optiver Holding B.V. lowered its stake in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 91.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,899 shares of the company’s stock after selling 103,956 shares during the quarter. Optiver Holding B.V.’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $927,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Chung Wu Investment Group LLC increased its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 350.0% in the third quarter. Chung Wu Investment Group LLC now owns 900 shares of the company’s stock worth $84,000 after purchasing an additional 700 shares during the last quarter. CWM LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at approximately $94,000. Spire Wealth Management grew its holdings in GraniteShares 2x Long NVDA Daily ETF by 3,483.3% during the 3rd quarter. Spire Wealth Management now owns 1,075 shares of the company’s stock valued at $101,000 after buying an additional 1,045 shares in the last quarter. Headlands Technologies LLC increased its stake in GraniteShares 2x Long NVDA Daily ETF by 953.1% in the 2nd quarter. Headlands Technologies LLC now owns 1,685 shares of the company’s stock worth $119,000 after acquiring an additional 1,525 shares during the last quarter. Finally, New Millennium Group LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF in the 2nd quarter worth approximately $133,000.

GraniteShares 2x Long NVDA Daily ETF Stock Up 3.1%

Shares of NVDL opened at $94.06 on Thursday. GraniteShares 2x Long NVDA Daily ETF has a 1 year low of $23.12 and a 1 year high of $118.50. The business’s 50 day simple moving average is $86.85 and its 200-day simple moving average is $88.15.

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.