Cerity Partners LLC Acquires New Position in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Key Points

• Cerity Partners LLC has acquired 28,000 shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL), valued at approximately $267,000, in the first quarter of this year.
• The stock recently announced a quarterly dividend of $0.0896 per share, which is an increase from the previous dividend of $0.08, representing a 3.18% dividend yield.
• Direxion Daily TSLA Bull 2X Shares has experienced significant fluctuations, with a one-year range of $6.29 to $41.50 and a current price of $11.27.

Cerity Partners LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,000 shares of the company's stock, valued at approximately $267,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atticus Wealth Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $35,000. Parallel Advisors LLC lifted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 1,723.8% in the first quarter. Parallel Advisors LLC now owns 7,295 shares of the company's stock valued at $69,000 after purchasing an additional 6,895 shares in the last quarter. Bank of Montreal Can purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $92,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $97,000. Finally, PFG Investments LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $102,000.

Direxion Daily TSLA Bull 2X Shares Price Performance

Shares of NASDAQ TSLL traded down $0.42 on Thursday, hitting $11.05. The company's stock had a trading volume of 45,186,593 shares, compared to its average volume of 167,780,438. Direxion Daily TSLA Bull 2X Shares has a 12-month low of $6.29 and a 12-month high of $41.50. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. The stock has a 50 day moving average of $12.44 and a 200-day moving average of $13.93.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were issued a $0.0896 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.24%. The ex-dividend date was Tuesday, June 24th. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Direxion Daily TSLA Bull 2X Shares Profile