YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Stock Price Up 4.1% – Here’s What Happened

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) shares rose 4.1% during trading on Tuesday . The company traded as high as $8.52 and last traded at $8.58. Approximately 1,161,401 shares traded hands during trading, a decline of 54% from the average daily volume of 2,535,679 shares. The stock had previously closed at $8.24.

YieldMax TSLA Option Income Strategy ETF Stock Up 4.9 %

The firm has a 50 day moving average price of $10.57 and a two-hundred day moving average price of $12.87.

Institutional Trading of YieldMax TSLA Option Income Strategy ETF

A number of large investors have recently bought and sold shares of TSLY. ORG Partners LLC grew its stake in YieldMax TSLA Option Income Strategy ETF by 348.2% during the fourth quarter. ORG Partners LLC now owns 2,658 shares of the company’s stock worth $38,000 after buying an additional 2,065 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of YieldMax TSLA Option Income Strategy ETF in the fourth quarter valued at approximately $95,000. Finally, Sunbelt Securities Inc. boosted its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 5,804.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 205,340 shares of the company’s stock worth $2,930,000 after acquiring an additional 201,862 shares in the last quarter.

About YieldMax TSLA Option Income Strategy ETF

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.