YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Up 0.4% – Here’s What Happened

by · The Markets Daily

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Get Free Report) traded up 0.4% during mid-day trading on Tuesday . The company traded as high as $27.17 and last traded at $26.83. Approximately 269,556 shares changed hands during trading, a decline of 63% from the average daily volume of 735,897 shares. The stock had previously closed at $26.73.

YieldMax TSLA Option Income Strategy ETF Stock Down 1.8%

The company has a 50 day moving average of $28.81 and a 200 day moving average of $31.33.

Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF

An institutional investor recently raised its stake in YieldMax TSLA Option Income Strategy ETF stock. Captrust Financial Advisors grew its holdings in shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Free Report) by 93.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,899 shares of the company’s stock after buying an additional 9,619 shares during the quarter. Captrust Financial Advisors’ holdings in YieldMax TSLA Option Income Strategy ETF were worth $163,000 as of its most recent SEC filing.

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. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.

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