Direxion Daily TSLA Bull 2X Shares $TSLL Stake Trimmed by SBI Securities Co. Ltd.

Key Points

• SBI Securities cut its stake in Direxion Daily TSLA Bull shares (TSLL) by 41.5% in Q4, selling 146,768 shares and leaving it with 206,569 shares worth $3,948,000 (about 0.06% of the fund).
• TSLL opened at $12.96 and was trading down 1.7%, with a one‑year range of $8.86–$23.74, a market cap of $5.33 billion and a beta of 2.60.
• The fund paid a quarterly dividend of $0.0994 (annualized $0.40, a 3.1% yield) and is a Direxion‑managed ETF that provides leveraged exposure to Tesla (reported as 1.5x in the article), launched Aug. 9, 2022.

SBI Securities Co. Ltd. lowered its stake in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) by 41.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,569 shares of the company's stock after selling 146,768 shares during the quarter. SBI Securities Co. Ltd. owned approximately 0.06% of Direxion Daily TSLA Bull 2X Shares worth $3,948,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $30,000. PayPay Securities Corp boosted its position in Direxion Daily TSLA Bull 2X Shares by 143.1% during the 4th quarter. PayPay Securities Corp now owns 2,339 shares of the company's stock worth $45,000 after acquiring an additional 1,377 shares during the period. BOKF NA acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $46,000. Jump Financial LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth about $126,000. Finally, Hollencrest Capital Management boosted its position in Direxion Daily TSLA Bull 2X Shares by 355.4% during the 3rd quarter. Hollencrest Capital Management now owns 9,995 shares of the company's stock worth $211,000 after acquiring an additional 7,800 shares during the period.

Direxion Daily TSLA Bull 2X Shares Trading Down 1.7%

Shares of NASDAQ TSLL opened at $12.96 on Wednesday. Direxion Daily TSLA Bull 2X Shares has a one year low of $8.86 and a one year high of $23.74. The firm has a market capitalization of $5.33 billion, a PE ratio of 88.55 and a beta of 2.60. The business has a 50-day moving average price of $12.98 and a two-hundred day moving average price of $16.70.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a dividend of $0.0994 per share. The ex-dividend date was Tuesday, March 24th. This represents a $0.40 dividend on an annualized basis and a yield of 3.1%.

Direxion Daily TSLA Bull 2X Shares Profile

The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLL was launched on Aug 9, 2022 and is managed by Direxion.

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