GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Trading Up 8.3% – Here’s What Happened

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report)’s share price were up 8.3% during mid-day trading on Friday . The stock traded as high as $326.88 and last traded at $321.40. Approximately 292,470 shares were traded during trading, a decline of 68% from the average daily volume of 924,838 shares. The stock had previously closed at $296.64.

GraniteShares 2x Long INTC Daily ETF Price Performance

The business’s fifty day moving average is $225.89 and its two-hundred day moving average is $115.48.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Susquehanna International Group LLP grew its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% in the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after purchasing an additional 131,623 shares in the last quarter. Scientech Research LLC purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF in the third quarter valued at $521,000. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF in the second quarter valued at $42,000. Jane Street Group LLC grew its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 62.8% in the second quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock valued at $401,000 after purchasing an additional 7,833 shares in the last quarter. Finally, Optiver Holding B.V. purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF in the first quarter valued at $267,000.

About GraniteShares 2x Long INTC Daily ETF

(Get Free Report)

The GraniteShares 2x Long INTC Daily ETF (INTW) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Intel Corporation (INTC) stock. INTW was launched on Feb 13, 2025 and is issued by GraniteShares.

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