JPMorgan Chase & Co. Has $3.65 Million Stock Holdings in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Posted by Editorial Team on Apr 21st, 2025

JPMorgan Chase & Co. decreased its stake in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Free Report) by 16.3% during the 4th quarter, Holdings Channel reports. The firm owned 132,685 shares of the company’s stock after selling 25,913 shares during the period. JPMorgan Chase & Co.’s holdings in Direxion Daily TSLA Bull 2X Shares were worth $3,653,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TSLL. Simplex Trading LLC grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 230.3% in the fourth quarter. Simplex Trading LLC now owns 465,134 shares of the company’s stock valued at $12,805,000 after buying an additional 324,332 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $5,752,000. Lauer Wealth LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $5,285,000. Simplify Asset Management Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $5,014,000. Finally, Shengqi Capital Hong Kong Ltd bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $4,130,000.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of NASDAQ:TSLL opened at $7.65 on Monday. The company has a 50-day simple moving average of $11.41 and a 200 day simple moving average of $18.44. The company has a market capitalization of $4.03 billion, a P/E ratio of 48.19 and a beta of 2.66. Direxion Daily TSLA Bull 2X Shares has a 52-week low of $4.94 and a 52-week high of $41.50.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.0845 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.42%. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, March 25th.