Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) Reaches New 12-Month High – Still a Buy?

Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) shares hit a new 52-week high on Tuesday . The stock traded as high as $27.33 and last traded at $27.32, with a volume of 228869 shares trading hands. The stock had previously closed at $27.07.

Fundstrat Granny Shots U.S. Large Cap ETF Stock Performance

The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 31.86 and a beta of 1.29. The business has a fifty day simple moving average of $25.68 and a 200 day simple moving average of $25.24.

Hedge Funds Weigh In On Fundstrat Granny Shots U.S. Large Cap ETF

A number of institutional investors have recently added to or reduced their stakes in GRNY. Cozad Asset Management Inc. lifted its stake in Fundstrat Granny Shots U.S. Large Cap ETF by 4.3% in the 1st quarter. Cozad Asset Management Inc. now owns 38,377 shares of the company’s stock valued at $916,000 after purchasing an additional 1,580 shares during the last quarter. SOA Wealth Advisors LLC. increased its position in Fundstrat Granny Shots U.S. Large Cap ETF by 8.4% during the 1st quarter. SOA Wealth Advisors LLC. now owns 401,735 shares of the company’s stock valued at $9,589,000 after purchasing an additional 31,055 shares during the period. Sunbelt Securities Inc. grew its holdings in Fundstrat Granny Shots U.S. Large Cap ETF by 24.8% during the 1st quarter. Sunbelt Securities Inc. now owns 4,273 shares of the company’s stock worth $102,000 after acquiring an additional 850 shares during the period. Reliant Wealth Planning grew its holdings in Fundstrat Granny Shots U.S. Large Cap ETF by 4.4% during the 1st quarter. Reliant Wealth Planning now owns 1,023,165 shares of the company’s stock worth $24,423,000 after acquiring an additional 43,518 shares during the period. Finally, Parallel Advisors LLC raised its position in shares of Fundstrat Granny Shots U.S. Large Cap ETF by 1.5% in the 1st quarter. Parallel Advisors LLC now owns 171,627 shares of the company’s stock worth $4,097,000 after acquiring an additional 2,580 shares in the last quarter.

About Fundstrat Granny Shots U.S. Large Cap ETF

The fundstrat Granny Shots US Large Cap ETF (GRNY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that invests in 20 to 50 US large-cap securities across 5 to 10 themes determined to likely impact the economy and stock market. GRNY was launched on Nov 7, 2024 and is issued by Fundstrat.