Trek Financial LLC Purchases Shares of 191,076 GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)

Trek Financial LLC acquired a new stake in shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 191,076 shares of the company’s stock, valued at approximately $5,742,000. Trek Financial LLC owned about 7.13% of GraniteShares 2x Short NVDA Daily ETF as of its most recent filing with the Securities & Exchange Commission.

Separately, SBI Securities Co. Ltd. acquired a new stake in shares of GraniteShares 2x Short NVDA Daily ETF during the 4th quarter valued at about $31,000.

GraniteShares 2x Short NVDA Daily ETF Stock Up 14.9 %

NASDAQ NVD opened at $44.37 on Friday. The company’s 50-day simple moving average is $30.22 and its 200 day simple moving average is $31.69. The stock has a market cap of $110.48 million, a P/E ratio of -369.75 and a beta of -4.30. GraniteShares 2x Short NVDA Daily ETF has a twelve month low of $22.16 and a twelve month high of $171.50.

About GraniteShares 2x Short NVDA Daily ETF

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.