YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Gap Down to $14.09

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $14.09, but opened at $13.75. YieldMax TSLA Option Income Strategy ETF shares last traded at $13.60, with a volume of 478,771 shares changing hands.

YieldMax TSLA Option Income Strategy ETF Stock Performance

The company has a 50 day moving average price of $16.33 and a 200-day moving average price of $20.51.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TSLY. International Assets Investment Management LLC grew its holdings in YieldMax TSLA Option Income Strategy ETF by 18,922.9% in the fourth quarter. International Assets Investment Management LLC now owns 523,131 shares of the company’s stock worth $6,241,000 after purchasing an additional 520,381 shares during the period. BluePath Capital Management LLC boosted its position in shares of YieldMax TSLA Option Income Strategy ETF by 27.1% in the 4th quarter. BluePath Capital Management LLC now owns 56,021 shares of the company’s stock worth $608,000 after purchasing an additional 11,947 shares in the last quarter. Jane Street Group LLC grew its stake in shares of YieldMax TSLA Option Income Strategy ETF by 113.2% in the 1st quarter. Jane Street Group LLC now owns 44,954 shares of the company’s stock worth $775,000 after buying an additional 23,869 shares during the last quarter. Tucker Asset Management LLC increased its position in YieldMax TSLA Option Income Strategy ETF by 5,437.3% during the 3rd quarter. Tucker Asset Management LLC now owns 40,201 shares of the company’s stock valued at $550,000 after buying an additional 39,475 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in YieldMax TSLA Option Income Strategy ETF by 83.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 26,032 shares of the company’s stock valued at $311,000 after buying an additional 11,866 shares in the last quarter.

About YieldMax TSLA Option Income Strategy ETF

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.