GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR – Get Free Report) shares fell 7.2% on Monday . The stock traded as low as $18.18 and last traded at $18.63. 1,398,305 shares traded hands during trading, a decline of 72% from the average session volume of 5,061,943 shares. The stock had previously closed at $20.07.
GraniteShares 2x Long PLTR Daily ETF Stock Down 3.6%
The business’s 50 day simple moving average is $13.27 and its two-hundred day simple moving average is $14.52.
Hedge Funds Weigh In On GraniteShares 2x Long PLTR Daily ETF
Several large investors have recently added to or reduced their stakes in the business. XTX Topco Ltd purchased a new position in GraniteShares 2x Long PLTR Daily ETF during the 2nd quarter worth $204,000. Parallel Advisors LLC raised its holdings in shares of GraniteShares 2x Long PLTR Daily ETF by 188.5% in the first quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock valued at $25,000 after purchasing an additional 980 shares during the last quarter. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the third quarter valued at about $35,000. CIBC Private Wealth Group LLC raised its holdings in shares of GraniteShares 2x Long PLTR Daily ETF by 1,400.0% in the third quarter. CIBC Private Wealth Group LLC now owns 1,500 shares of the company’s stock valued at $49,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Financial Life Planners bought a new position in shares of GraniteShares 2x Long PLTR Daily ETF during the first quarter valued at about $50,000.
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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