GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Hits New 1-Year High – What’s Next?

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW)’s share price reached a new 52-week high on Tuesday . The company traded as high as $407.99 and last traded at $390.07, with a volume of 1418394 shares. The stock had previously closed at $363.57.

GraniteShares 2x Long INTC Daily ETF Trading Up 7.3%

The firm has a fifty day moving average price of $109.55 and a 200 day moving average price of $73.67.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTW. Group One Trading LLC acquired a new stake in GraniteShares 2x Long INTC Daily ETF during the 2nd quarter worth about $42,000. Jane Street Group LLC acquired a new stake in GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth about $289,000. Scientech Research LLC acquired a new stake in GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth about $521,000. Finally, Susquehanna International Group LLP grew its position in GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $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.