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The leveraged ETF in question is the GraniteShares 2x Long NVDA Daily ETF (NASDAQ: NVDL). It's operated by GraniteShares, a privately held ETF provider that "focuses on innovative, cutting-edge ...
The Direxion Daily NVDA Bull 2x Shares ETF, which has about $435 million in assets, had $61.4 million in inflows, the firm said. Its corresponding inverse fund also had inflows, of about $3 million.
The GraniteShares 1.5X Long NVDA Daily ETF, that tracks 1.5 times the daily percentage change of Nvidia, has gained 328.5% so far this year, while the stock has risen 190%.
The four ETFs that offer daily returns of double the gain in Nvidia were hit with the biggest decline, with the GraniteShares 2x Long NVDA Daily ETF nosediving 34.5%. Its leveraged inverse ...
Leveraged and inverse funds tracking the Nasdaq or semiconductor sector account for the top four ETFs by trading volume, with single-day funds for Nvidia and Tesla, as well as a three-times ...
Founded in 2018, Defiance is at the forefront of ETF innovation. Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.
A new breed of ETF debuted on the U.S. markets earlier this month when AXS Investments launched eight funds offering daily leveraged bull and bear bets on the direction of single companies.
NVIDIA (Nasdaq: NVDA) has been in retreat after hitting $153 per share last Tuesday morning. In premarket trading, the company is now trading for $131.55. In premarket trading, the company is now ...
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