TRUE Private Wealth Advisors Grows Holdings in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Posted by Don Miller on Nov 30th, 2024

TRUE Private Wealth Advisors raised its position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Free Report) by 5.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,046 shares of the company’s stock after purchasing an additional 2,204 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Direxion Daily TSLA Bull 2X Shares were worth $636,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of TSLL. Virtu Financial LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $522,000. Traynor Capital Management Inc. lifted its position in shares of Direxion Daily TSLA Bull 2X Shares by 14.4% in the second quarter. Traynor Capital Management Inc. now owns 437,878 shares of the company’s stock valued at $4,028,000 after acquiring an additional 55,194 shares in the last quarter. Beacon Capital Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the second quarter worth about $120,000. AE Wealth Management LLC grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at approximately $366,000.

Direxion Daily TSLA Bull 2X Shares Price Performance

TSLL stock opened at $21.36 on Friday. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $4.94 and a 1-year high of $23.59. The business has a 50 day simple moving average of $14.65 and a two-hundred day simple moving average of $11.57. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were given a dividend of $0.0803 per share. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.50%.