Q Fund Management Hong Kong Ltd purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 245,000 shares of the company’s stock, valued at approximately $7,664,000. GraniteShares 2x Long INTC Daily ETF comprises about 6.9% of Q Fund Management Hong Kong Ltd’s holdings, making the stock its 7th biggest holding.
Separately, Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 1st quarter valued at $787,000.
GraniteShares 2x Long INTC Daily ETF Trading Up 3.0%
NASDAQ:INTW opened at $22.63 on Wednesday. GraniteShares 2x Long INTC Daily ETF has a 1-year low of $4.47 and a 1-year high of $52.63. The company’s fifty day moving average price is $24.27 and its 200-day moving average price is $27.23.
About GraniteShares 2x Long INTC Daily ETF
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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