GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Shares Gap Up – Should You Buy?

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIRGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $14.84, but opened at $15.78. GraniteShares 2x Long PLTR Daily ETF shares last traded at $17.40, with a volume of 11,077,970 shares trading hands.

GraniteShares 2x Long PLTR Daily ETF Price Performance

The business’s 50-day moving average price is $15.08 and its two-hundred day moving average price is $20.45.

Institutional Investors Weigh In On GraniteShares 2x Long PLTR Daily ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vestor Capital LLC raised its position in shares of GraniteShares 2x Long PLTR Daily ETF by 233.7% in the first quarter. Vestor Capital LLC now owns 24,762 shares of the company’s stock valued at $405,000 after buying an additional 17,342 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the first quarter valued at approximately $570,000. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the first quarter valued at approximately $675,000. Parallel Advisors LLC raised its position in shares of GraniteShares 2x Long PLTR Daily ETF by 188.5% in the first quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock valued at $25,000 after buying an additional 980 shares in the last quarter. Finally, Financial Life Planners acquired a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the first quarter valued at approximately $50,000.

GraniteShares 2x Long PLTR Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long PLTR Daily ETF (PTIR) 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 Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.

Recommended Stories

Receive News & Ratings for GraniteShares 2x Long PLTR Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long PLTR Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.