294,286 Shares in GraniteShares 2x Short NVDA Daily ETF $NVD Bought by IMC Chicago LLC

IMC Chicago LLC purchased a new position in shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 294,286 shares of the company’s stock, valued at approximately $2,222,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC raised its stake in shares of GraniteShares 2x Short NVDA Daily ETF by 85.9% in the 1st quarter. Jane Street Group LLC now owns 58,700 shares of the company’s stock valued at $2,032,000 after buying an additional 27,126 shares in the last quarter. StoneX Group Inc. boosted its position in shares of GraniteShares 2x Short NVDA Daily ETF by 83.0% during the 2nd quarter. StoneX Group Inc. now owns 15,879 shares of the company’s stock valued at $201,000 after acquiring an additional 7,200 shares in the last quarter. Jump Financial LLC boosted its position in shares of GraniteShares 2x Short NVDA Daily ETF by 402.9% during the 2nd quarter. Jump Financial LLC now owns 186,494 shares of the company’s stock valued at $2,357,000 after acquiring an additional 149,408 shares in the last quarter. Group One Trading LLC increased its stake in GraniteShares 2x Short NVDA Daily ETF by 43.6% in the second quarter. Group One Trading LLC now owns 17,241 shares of the company’s stock valued at $218,000 after acquiring an additional 5,237 shares during the period. Finally, Genesis Financial Group LLC bought a new stake in GraniteShares 2x Short NVDA Daily ETF in the fourth quarter valued at about $491,000.

GraniteShares 2x Short NVDA Daily ETF Stock Down 0.4%

NASDAQ:NVD opened at $4.55 on Thursday. GraniteShares 2x Short NVDA Daily ETF has a 12-month low of $3.93 and a 12-month high of $11.50. The firm has a market capitalization of $53.78 million, a PE ratio of -37.92 and a beta of -3.06. The firm has a 50-day moving average price of $4.86 and a 200 day moving average price of $6.17.

GraniteShares 2x Short NVDA Daily ETF Profile

The GraniteShares 2x Short NVDA Daily ETF (NVD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVD was launched on Aug 21, 2023 and is issued by GraniteShares.