GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Reaches New 1-Year High – Time to Buy?

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) reached a new 52-week high on Wednesday . The stock traded as high as $326.80 and last traded at $319.55, with a volume of 274810 shares trading hands. The stock had previously closed at $323.29.

GraniteShares 2x Long PLTR Daily ETF Price Performance

The business’s fifty day moving average is $157.15.

Hedge Funds Weigh In On GraniteShares 2x Long PLTR Daily ETF

Several institutional investors have recently added to or reduced their stakes in PTIR. Optiver Holding B.V. purchased a new position in GraniteShares 2x Long PLTR Daily ETF during the 4th quarter valued at approximately $1,993,000. IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 4th quarter valued at approximately $1,712,000. Simplex Trading LLC bought a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 4th quarter valued at approximately $1,266,000. FSM Wealth Advisors LLC bought a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 3rd quarter valued at approximately $335,000. Finally, Jane Street Group LLC bought a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 4th quarter valued at approximately $1,011,000.

GraniteShares 2x Long PLTR Daily ETF Company Profile

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.