GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) by 409.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,287 shares of the company’s stock after acquiring an additional 12,287 shares during the period. Sequoia Financial Advisors LLC’s holdings in GraniteShares 2x Long NVDA Daily ETF were worth $890,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in NVDL. Private Ocean LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at approximately $35,000. National Bank of Canada FI acquired a new position in GraniteShares 2x Long NVDA Daily ETF in the second quarter valued at approximately $42,000. Gilliland Jeter Wealth Management LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the second quarter worth $72,000. Hollencrest Capital Management lifted its stake in GraniteShares 2x Long NVDA Daily ETF by 5,677.8% during the second quarter. Hollencrest Capital Management now owns 1,040 shares of the company’s stock worth $72,000 after purchasing an additional 1,022 shares in the last quarter. Finally, Cherry Tree Wealth Management LLC acquired a new position in GraniteShares 2x Long NVDA Daily ETF during the first quarter worth $95,000.

GraniteShares 2x Long NVDA Daily ETF Stock Performance

NASDAQ:NVDL opened at $77.29 on Friday. The stock’s fifty day moving average is $61.88 and its two-hundred day moving average is $57.81. GraniteShares 2x Long NVDA Daily ETF has a 52 week low of $11.94 and a 52 week high of $91.70.

GraniteShares 2x Long NVDA Daily ETF Company 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.