YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Sets New 52-Week Low – Here’s What Happened

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) shares hit a new 52-week low during trading on Thursday. The company traded as low as $20.27 and last traded at $19.4250, with a volume of 191,943 shares. The stock had previously closed at $21.86.

YieldMax TSLA Option Income Strategy ETF Stock Performance

The firm’s fifty day moving average price is $22.14 and its two-hundred day moving average price is $27.19.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in YieldMax TSLA Option Income Strategy ETF stock. NFSG Corp lifted its holdings in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 34.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,584 shares of the company’s stock after purchasing an additional 1,166 shares during the period. NFSG Corp’s holdings in YieldMax TSLA Option Income Strategy ETF were worth $99,000 as of its most recent filing with the Securities & Exchange Commission.

YieldMax TSLA Option Income Strategy ETF Company Profile

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.