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Top related persons:
— - 1 I've - 1 Tesla - 1 GraniteShares - 1 There's - 1 Will Rhind - 1 Rhind - 1 Dado Ruvic - 1
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NVDL U.S United States New York Providence , Rhode
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Nvidia - 3 Service - 1 NVIDIA Daily Target - 1 Nvidia Daily Target ETF - 1 Apple - 1 Microsoft - 1 Tesla - 1 Target ETF - 1

Search resuls for: "NVIDIA Daily Target ETF"


3 mentions found


☆ Traders have poured $5 billion into leveraged Nvidia ETFs. They're up 425% even after the stock's big wipeout.
  + stars: | 2024-06-25 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
AdvertisementA new type of exchange-traded fund has made waves over the past year: the leveraged single-stock ETF. The T-REX 2X Long NVIDIA Daily Target ETF is up 425% year-to-date. The GraniteShares 2x Long NVDA ETF, the T-REX 2X Long Nvidia Daily Target ETF, and the Direxion Daily NVDA Bull 2X Shares ETF have amassed a collective $5 billion in assets under management. AdvertisementHowever, that success hasn't exactly translated into the other single-stock leveraged ETFs that target popular mega-cap technology stocks. The T-REX 2X Long Tesla Daily Target ETF, the Direxion Daily TSLA Bull 2X Shares, and the GraniteShares 2x Long TSLA Daily ETF have a combined $1.5 billion in assets under management.
Persons: —, I've, Tesla Organizations: Nvidia, Service, NVIDIA Daily Target, Nvidia Daily Target ETF, Apple, Microsoft, Tesla, Target ETF Locations: NVDL
☆ The best-performing ETF of the year might get its leverage amped up in 2024
  + stars: | 2023-11-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +2 min
ETF issuer GraniteShares filed Wednesday to increase the leverage on dozens of single stock ETFs, most notably the GraniteShares 1.5x Long NVDA Daily ETF (NVDL) . NVDL YTD mountain This leveraged Nvidia single-stock ETF is the top performing U.S. ETF of the year. Single-stock ETFs are structured to produce a leveraged return on a one-day basis, poisitively or inversely, depending how it's structured, and resetting every day. Single-stock ETFs were first approved in the U.S. in 2022, and the launches have been hit and miss so far. The tweak would bring the NVDL's leverage in line with the T-REX 2X Inverse Nvidia Daily Target ETF (NVDX) , which was introduced in October.
Persons: GraniteShares, There's, Will Rhind, Rhind Organizations: Nvidia, ETF, CNBC, Target Locations: U.S, United States
☆ Trading in Nvidia ETFs shows traders preparing for upbeat earnings
  + stars: | 2023-11-21 | by ( Suzanne Mcgee | ) www.reuters.com   time to read: +4 min
In August, Nvidia stock soared to all-time highs after the company reported quarterly results. Tuesday's trading in the T-Rex NVDX reflects underlying optimism that Nvidia will deliver another blockbuster earnings report after the market close. Although its price has fallen, reflecting the decline in Nvidia's shares, trading volume has soared to 86 million shares, compared with an average of 26 million. On Wednesday morning, traders will be trading the ETFs based not on the immediate response to the earnings but on Wednesday's activity. "We've seen a 400% jump in average daily trading volume on the day ahead of and following Nvidia's earnings releases," he added.
Persons: Dado Ruvic, it's, Scott Acheychek, Rex NVDX, Direxion, Ed Egilinsky, NVDU, Egilinsky, Greg Bassuk, Suzanne McGee, Matthew Lewis Organizations: NVIDIA, REUTERS, Nvidia, Rex, NVIDIA Daily Target ETF, AXS Investments, Thomson Locations: New York, Providence , Rhode
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