GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR – Get Free Report) shares shot up 7.5% on Thursday . The stock traded as high as $21.11 and last traded at $20.98. 1,102,007 shares traded 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 Stock Performance
The stock’s 50 day moving average is $13.81 and its 200-day moving average is $14.65.
Institutional Trading of GraniteShares 2x Long PLTR Daily ETF
A number of large investors have recently made changes to their positions in PTIR. XTX Topco Ltd purchased a new stake in shares of GraniteShares 2x Long PLTR Daily ETF during the 2nd quarter valued at about $204,000. Group One Trading LLC purchased a new position in GraniteShares 2x Long PLTR Daily ETF in the third quarter worth about $35,000. CIBC Private Wealth Group LLC grew its position in 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 worth $49,000 after acquiring an additional 1,400 shares in the last quarter. Parallel Advisors LLC grew its position in 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 worth $25,000 after acquiring an additional 980 shares in the last quarter. Finally, Financial Life Planners bought a new stake in GraniteShares 2x Long PLTR Daily ETF during the first quarter worth approximately $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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