Sloy Dahl & Holst LLC increased its stake in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) by 1,301.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,197,704 shares of the company's stock after acquiring an additional 1,112,265 shares during the period. Direxion Daily TSLA Bull 2X Shares comprises approximately 2.0% of Sloy Dahl & Holst LLC's portfolio, making the stock its 7th largest position. Sloy Dahl & Holst LLC owned about 0.24% of Direxion Daily TSLA Bull 2X Shares worth $11,402,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TSLL. GEM Asset Management LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $306,000. Clarity Capital Partners LLC boosted its position in 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 valued at $1,380,000 after buying an additional 25,867 shares during the period. Barclays PLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $7,433,000. Bank of Montreal Can bought a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $92,000. Finally, Cerity Partners LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $267,000.
Direxion Daily TSLA Bull 2X Shares Trading Up 0.8%
TSLL stock traded up $0.10 during midday trading on Tuesday, hitting $12.94. The company had a trading volume of 132,862,322 shares, compared to its average volume of 166,814,969. 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 50 day moving average price is $11.81 and its 200 day moving average price is $12.78. The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were paid a $0.0896 dividend. The ex-dividend date of this dividend was Tuesday, June 24th. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a dividend yield of 2.8%.
Direxion Daily TSLA Bull 2X Shares Profile
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