TRUE Private Wealth Advisors Purchases 2,531 Shares of GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

TRUE Private Wealth Advisors lifted its position in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 3.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 74,188 shares of the company’s stock after buying an additional 2,531 shares during the period. TRUE Private Wealth Advisors’ holdings in GraniteShares 2x Long NVDA Daily ETF were worth $4,317,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of NVDL. Jane Street Group LLC purchased a new position in GraniteShares 2x Long NVDA Daily ETF in the first quarter worth $10,343,000. Sequoia Financial Advisors LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the 2nd quarter valued at about $209,000. Silver Lake Advisory LLC purchased a new stake in GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at about $264,000. Brookstone Capital Management acquired a new stake in GraniteShares 2x Long NVDA Daily ETF in the second quarter worth about $1,502,000. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the second quarter worth about $7,518,000.

GraniteShares 2x Long NVDA Daily ETF Stock Performance

NVDL opened at $71.89 on Friday. The firm’s 50-day moving average price is $71.66 and its 200-day moving average price is $64.71. GraniteShares 2x Long NVDA Daily ETF has a 52-week low of $13.94 and a 52-week high of $91.70.

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.