GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR – Get Free Report) rose 7.5% during mid-day trading on Thursday . The stock traded as high as $21.11 and last traded at $20.98. 1,102,007 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 5,022,544 shares. The stock had previously closed at $19.51.
GraniteShares 2x Long PLTR Daily ETF Price Performance
The firm’s 50-day moving average price is $13.42 and its 200 day moving average price is $14.56.
Institutional Investors Weigh In On GraniteShares 2x Long PLTR Daily ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Group One Trading LLC purchased a new stake in GraniteShares 2x Long PLTR Daily ETF during the 1st quarter worth about $675,000. Renaissance Technologies LLC acquired a new position in GraniteShares 2x Long PLTR Daily ETF in the 1st quarter valued at about $570,000. Mariner LLC purchased a new position in GraniteShares 2x Long PLTR Daily ETF in the 4th quarter valued at about $802,000. Vestor Capital LLC lifted its holdings in GraniteShares 2x Long PLTR Daily ETF by 233.7% in the 1st quarter. Vestor Capital LLC now owns 24,762 shares of the company’s stock valued at $405,000 after purchasing an additional 17,342 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in shares of GraniteShares 2x Long PLTR Daily ETF by 20.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 100,121 shares of the company’s stock worth $2,676,000 after purchasing an additional 17,174 shares during the last quarter.
About GraniteShares 2x Long PLTR Daily ETF
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.
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