Direxion Daily TSLA Bull 2X ETF (NASDAQ:TSLL – Get Free Report)’s share price was up 7.7% on Thursday . The stock traded as high as $9.99 and last traded at $10.0270. 12,070,844 shares were traded during mid-day trading, a decline of 85% from the average session volume of 80,338,883 shares. The stock had previously closed at $9.31.
Direxion Daily TSLA Bull 2X ETF Stock Performance
The stock’s fifty day simple moving average is $9.19 and its 200-day simple moving average is $11.93. The stock has a market cap of $3.80 billion, a P/E ratio of 88.55 and a beta of 2.84.
Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X ETF
Several institutional investors have recently made changes to their positions in TSLL. Integrated Wealth Concepts LLC raised its holdings in Direxion Daily TSLA Bull 2X ETF by 57.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 30,685 shares of the company’s stock valued at $434,000 after acquiring an additional 11,227 shares in the last quarter. Turner Financial Group Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X ETF during the 2nd quarter worth $3,646,000. Tactive Advisors LLC increased its position in shares of Direxion Daily TSLA Bull 2X ETF by 31.7% in the second quarter. Tactive Advisors LLC now owns 16,600 shares of the company’s stock worth $235,000 after purchasing an additional 4,000 shares during the period. Dakota Community Bank & Trust NA acquired a new position in Direxion Daily TSLA Bull 2X ETF in the first quarter valued at about $283,000. Finally, SOA Wealth Advisors LLC. raised its stake in Direxion Daily TSLA Bull 2X ETF by 17.3% in the first quarter. SOA Wealth Advisors LLC. now owns 6,783 shares of the company’s stock valued at $82,000 after purchasing an additional 1,000 shares in the last quarter.
Direxion Daily TSLA Bull 2X ETF Company 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.
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