GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Sets New 52-Week High – Here’s What Happened

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) hit 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. The stock had previously closed at $278.71.

GraniteShares 2x Long INTC Daily ETF Stock Up 6.6%

The business has a fifty day moving average of $87.31 and a 200-day moving average of $65.56.

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

Large investors have recently made changes to their positions in the company. Group One Trading LLC purchased a new position in GraniteShares 2x Long INTC Daily ETF during the second quarter worth approximately $42,000. Jane Street Group LLC acquired a new stake in GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth $289,000. Scientech Research LLC purchased a new position in GraniteShares 2x Long INTC Daily ETF during the third quarter worth approximately $521,000. Finally, 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 valued at $5,693,000 after purchasing an additional 131,623 shares during the period.

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.