GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Shares Down 10.1% – Here’s What Happened

Shares of GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIRGet Free Report) traded down 10.1% during mid-day trading on Friday . The stock traded as low as $30.69 and last traded at $30.64. 1,521,702 shares were traded during trading, a decline of 86% from the average session volume of 10,742,348 shares. The stock had previously closed at $34.07.

GraniteShares 2x Long PLTR Daily ETF Trading Down 14.8%

The firm has a fifty day simple moving average of $28.53 and a 200-day simple moving average of $20.54.

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

Several hedge funds and other institutional investors have recently bought and sold shares of PTIR. IMC Chicago LLC increased its holdings in GraniteShares 2x Long PLTR Daily ETF by 33.0% during the 1st quarter. IMC Chicago LLC now owns 17,360 shares of the company’s stock worth $2,308,000 after purchasing an additional 4,311 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in GraniteShares 2x Long PLTR Daily ETF by 104.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 5,181 shares of the company’s stock worth $689,000 after purchasing an additional 2,641 shares during the last quarter. Hollencrest Capital Management increased its holdings in GraniteShares 2x Long PLTR Daily ETF by 605.2% during the 1st quarter. Hollencrest Capital Management now owns 1,079 shares of the company’s stock worth $143,000 after purchasing an additional 926 shares during the last quarter. Vestor Capital LLC grew its position in shares of GraniteShares 2x Long PLTR Daily ETF by 45.7% in the 1st quarter. Vestor Capital LLC now owns 2,510 shares of the company’s stock worth $334,000 after acquiring an additional 787 shares in the last quarter. Finally, Flow Traders U.S. LLC grew its position in shares of GraniteShares 2x Long PLTR Daily ETF by 948.9% in the 1st quarter. Flow Traders U.S. LLC now owns 36,752 shares of the company’s stock worth $4,887,000 after acquiring an additional 33,248 shares in the last quarter.

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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