Shares of GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $419.24, but opened at $347.80. GraniteShares 2x Long INTC Daily ETF shares last traded at $385.50, with a volume of 266,161 shares traded.
GraniteShares 2x Long INTC Daily ETF Stock Performance
The business’s 50 day simple moving average is $259.37 and its two-hundred day simple moving average is $128.95.
Institutional Investors Weigh In On GraniteShares 2x Long INTC Daily ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP raised its position in 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 worth $5,693,000 after acquiring an additional 131,623 shares during the period. Jane Street Group LLC raised its holdings in GraniteShares 2x Long INTC Daily ETF by 62.8% in the 2nd quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock worth $401,000 after purchasing an additional 7,833 shares during the period. Group One Trading LLC purchased a new position in GraniteShares 2x Long INTC Daily ETF during the first quarter valued at $787,000. Scientech Research LLC bought a new stake in GraniteShares 2x Long INTC Daily ETF during the third quarter valued at about $521,000. Finally, Optiver Holding B.V. bought a new stake in GraniteShares 2x Long INTC Daily ETF during the first quarter valued at about $267,000.
GraniteShares 2x Long INTC Daily ETF Company Profile
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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