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

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $262.61, but opened at $307.49. GraniteShares 2x Long INTC Daily ETF shares last traded at $294.75, with a volume of 810,177 shares.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The firm’s 50 day moving average price is $199.89 and its two-hundred day moving average price is $106.27.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 2nd quarter worth about $42,000. Optiver Holding B.V. bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth about $267,000. Jane Street Group LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth about $289,000. Scientech Research LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth about $521,000. Finally, Susquehanna International Group LLP boosted its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after buying an additional 131,623 shares during the period.

About GraniteShares 2x Long INTC Daily ETF

(Get Free Report)

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.

Further Reading

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