YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Gap Down to $16.05

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLYGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $16.05, but opened at $15.25. YieldMax TSLA Option Income Strategy ETF shares last traded at $15.34, with a volume of 468,838 shares changing hands.

YieldMax TSLA Option Income Strategy ETF Stock Up 0.9 %

The firm has a 50 day simple moving average of $17.05 and a two-hundred day simple moving average of $21.53.

Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF

Several hedge funds have recently added to or reduced their stakes in TSLY. International Assets Investment Management LLC bought a new stake in shares of YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $36,000. Royal Bank of Canada bought a new stake in shares of YieldMax TSLA Option Income Strategy ETF in the fourth quarter worth about $88,000. NorthRock Partners LLC bought a new stake in shares of YieldMax TSLA Option Income Strategy ETF in the fourth quarter worth about $126,000. AlphaMark Advisors LLC bought a new stake in shares of YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $150,000. Finally, Tamar Securities LLC increased its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 12.2% in the fourth quarter. Tamar Securities LLC now owns 14,384 shares of the company’s stock worth $172,000 after acquiring an additional 1,567 shares in the last quarter.

YieldMax TSLA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.

Further Reading

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