YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Up 4.1% – Still a Buy?

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLYGet Free Report)’s share price was up 4.1% on Tuesday . The stock 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 stock’s fifty day moving average price is $10.57 and its 200-day moving average price is $12.87.

Institutional Trading of YieldMax TSLA Option Income Strategy ETF

A number of hedge funds have recently made changes to their positions in TSLY. ORG Partners LLC increased its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 348.2% during the 4th quarter. ORG Partners LLC now owns 2,658 shares of the company’s stock worth $38,000 after acquiring an additional 2,065 shares during the last quarter. FNY Investment Advisers LLC bought a new position in YieldMax TSLA Option Income Strategy ETF during the fourth quarter worth $95,000. Finally, Sunbelt Securities Inc. increased its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 5,804.0% in the third quarter. Sunbelt Securities Inc. now owns 205,340 shares of the company’s stock valued at $2,930,000 after purchasing an additional 201,862 shares during the last quarter.

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.

Further Reading

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