13-Dec-2024
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Looking for Exposure to NVDA? Try These Two ETFs
TipRanks (Fri, 13-Dec 11:40 PM ET)
The Tradr 1.75X Long NVDA Weekly ETF seeks calendar week investment results, before fees and expenses, that correspond to one and a three-quarter times (175%) the calendar week performance of the common shares of NVDA. The Fund does not seek to achieve its stated investment objective for a period of time different than a full calendar week. The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve on a calendar week basis, before fees and expenses, 175% performance of NVDA for a full calendar week, and not for any other period, by entering into one or more swaps on NVDA.
Tradr 1.75X Long Nvda Weekly ETF trades on the NASDAQ stock market under the symbol NVDW.
As of December 13, 2024, NVDW stock price declined to $28.79 with 699 million shares trading.
NVDW has a market cap of $1.01 million. This is considered a Sub-Micro Cap stock.
NVDW support price is $28.62 and resistance is $31.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NVDW shares will trade within this expected range on the day.