GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Hits New 12-Month High – Here’s Why

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) shares reached a new 52-week high on Wednesday . The stock traded as high as $306.36 and last traded at $302.78, with a volume of 573128 shares trading hands. The stock had previously closed at $278.71.

GraniteShares 2x Long INTC Daily ETF Trading Up 27.2%

The stock has a 50-day moving average price of $96.85 and a two-hundred day moving average price of $69.06.

Hedge Funds Weigh In On GraniteShares 2x Long INTC Daily ETF

Large investors have recently modified their holdings of the stock. Scientech Research LLC bought a new position in GraniteShares 2x Long INTC Daily ETF in the 3rd quarter valued at $521,000. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 2nd quarter valued at about $42,000. Jane Street Group LLC purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF in the 1st quarter worth approximately $289,000. Finally, Susquehanna International Group LLP increased its position in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after purchasing an additional 131,623 shares in the last quarter.

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.