GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Trading Up 17.8% – What’s Next?

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIRGet Free Report)’s share price traded up 17.8% during trading on Thursday . The stock traded as high as $20.18 and last traded at $20.7530. 1,467,821 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 4,971,367 shares. The stock had previously closed at $17.61.

GraniteShares 2x Long PLTR Daily ETF Stock Down 9.0%

The stock has a fifty day moving average price of $14.87 and a two-hundred day moving average price of $14.82.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC purchased a new position in GraniteShares 2x Long PLTR Daily ETF during the 1st quarter worth $570,000. NewEdge Advisors LLC grew its stake in shares of GraniteShares 2x Long PLTR Daily ETF by 167.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,570 shares of the company’s stock worth $1,140,000 after acquiring an additional 5,370 shares in the last quarter. Mariner LLC purchased a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the fourth quarter valued at about $802,000. StoneX Group Inc. purchased a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the fourth quarter valued at about $345,000. Finally, Flow Traders U.S. LLC bought a new position in shares of GraniteShares 2x Long PLTR Daily ETF during the third quarter valued at about $270,000.

GraniteShares 2x Long PLTR Daily ETF Company Profile

(Get Free Report)

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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