Headlands Technologies LLC Acquires Shares of 14,989 GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)

Headlands Technologies LLC acquired a new stake in GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) during the second quarter, according to its most recent filing with the SEC. The firm acquired 14,989 shares of the company’s stock, valued at approximately $33,000.

Separately, Crescent Grove Advisors LLC bought a new position in shares of GraniteShares 2x Short NVDA Daily ETF in the 1st quarter worth $172,000.

GraniteShares 2x Short NVDA Daily ETF Stock Up 2.1 %

NASDAQ:NVD opened at $1.92 on Wednesday. GraniteShares 2x Short NVDA Daily ETF has a 12-month low of $1.60 and a 12-month high of $31.45. The firm has a market capitalization of $42.66 million, a P/E ratio of -16.00 and a beta of -4.30. The stock’s fifty day simple moving average is $2.16 and its 200-day simple moving average is $3.42.

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.