SBI Securities Co. Ltd. grew its holdings in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) by 19.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 249,701 shares of the company's stock after buying an additional 40,773 shares during the period. SBI Securities Co. Ltd. owned 0.05% of Direxion Daily TSLA Bull 2X Shares worth $2,377,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in TSLL. Simplify Asset Management Inc. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $5,014,000. GEM Asset Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth approximately $306,000. Clarity Capital Partners LLC increased its stake in shares of Direxion Daily TSLA Bull 2X Shares by 21.7% during the first quarter. Clarity Capital Partners LLC now owns 144,955 shares of the company's stock worth $1,380,000 after purchasing an additional 25,867 shares during the period. Barclays PLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $7,433,000. Finally, Bank of Montreal Can bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $92,000.
Direxion Daily TSLA Bull 2X Shares Stock Performance
Shares of NASDAQ TSLL traded up $0.75 during trading hours on Friday, reaching $12.42. 126,405,643 shares of the stock were exchanged, compared to its average volume of 118,756,392. The firm has a market capitalization of $7.15 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 52 week low of $6.29 and a 52 week high of $41.50. The stock's fifty day simple moving average is $12.86 and its 200 day simple moving average is $14.85.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a dividend of $0.0896 per share. The ex-dividend date was Tuesday, June 24th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.89%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.
About Direxion Daily TSLA Bull 2X Shares
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