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) shares reached a new 52-week high during trading 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 Price Performance

The company has a 50-day simple moving average of $87.31 and a two-hundred day simple moving average of $65.56.

Institutional Investors Weigh In On GraniteShares 2x Long INTC Daily ETF

Large investors have recently made changes to their positions in the business. Group One Trading LLC purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the second quarter worth about $42,000. Jane Street Group LLC grew its position 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. Scientech Research LLC purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 3rd quarter valued at about $521,000. Finally, Susquehanna International Group LLP increased 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 buying an additional 131,623 shares in the last quarter.

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.