T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Trading Down 4.2% – Here’s What Happened

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) shares were down 4.2% during trading on Monday . The company traded as low as $14.16 and last traded at $14.67. Approximately 12,524,119 shares traded hands during mid-day trading, The stock had previously closed at $15.31.

T-Rex 2X Long NVIDIA Daily Target ETF Stock Performance

The firm has a 50 day moving average price of $17.81 and a 200-day moving average price of $16.16.

Institutional Trading of T-Rex 2X Long NVIDIA Daily Target ETF

A hedge fund recently raised its stake in T-Rex 2X Long NVIDIA Daily Target ETF stock. Vestor Capital LLC increased its holdings in shares of T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) by 900.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,670 shares of the company’s stock after buying an additional 20,403 shares during the quarter. Vestor Capital LLC owned 0.54% of T-Rex 2X Long NVIDIA Daily Target ETF worth $320,000 as of its most recent SEC filing.

About T-Rex 2X Long NVIDIA Daily Target ETF

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of NVIDIA Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.