Sloy Dahl & Holst LLC Has $32.27 Million Stock Position in Direxion Daily TSLA Bull 2X Shares $TSLL

Sloy Dahl & Holst LLC raised its position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) by 19.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,688,402 shares of the company’s stock after acquiring an additional 269,324 shares during the period. Direxion Daily TSLA Bull 2X Shares makes up approximately 3.9% of Sloy Dahl & Holst LLC’s investment portfolio, making the stock its 4th largest position. Sloy Dahl & Holst LLC’s holdings in Direxion Daily TSLA Bull 2X Shares were worth $32,265,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. UBS Group AG boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 9.0% during the third quarter. UBS Group AG now owns 7,933,334 shares of the company’s stock worth $167,473,000 after acquiring an additional 654,265 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth approximately $13,256,000. IMC Chicago LLC boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 60.7% during the third quarter. IMC Chicago LLC now owns 429,436 shares of the company’s stock worth $9,065,000 after acquiring an additional 162,286 shares during the period. Snowden Capital Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the second quarter worth approximately $2,136,000. Finally, Q Fund Management Hong Kong Ltd bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $3,599,000.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of TSLL stock opened at $15.62 on Monday. The stock has a market cap of $6.42 billion, a P/E ratio of 88.55 and a beta of 2.60. The stock has a 50 day simple moving average of $12.95 and a 200 day simple moving average of $16.62. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $8.86 and a 1 year high of $23.74.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were paid a $0.0994 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Tuesday, March 24th.

Direxion Daily TSLA Bull 2X Shares Profile

The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLL was launched on Aug 9, 2022 and is managed by Direxion.