YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Down 2.2%

Shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) traded down 2.2% on Friday . The company traded as low as $10.96 and last traded at $11.00. 723,755 shares were traded during trading, a decline of 44% from the average session volume of 1,297,563 shares. The stock had previously closed at $11.25.

YieldMax TSLA Option Income Strategy ETF Stock Up 0.4 %

The firm has a fifty day simple moving average of $12.89 and a two-hundred day simple moving average of $14.62.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC purchased a new position in shares of YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $345,000. Mutual Advisors LLC purchased a new position in shares of YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $314,000. Sheaff Brock Investment Advisors LLC purchased a new position in shares of YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $232,000. AlphaMark Advisors LLC purchased a new position in shares of YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $150,000. Finally, BluePath Capital Management LLC purchased a new position in shares of YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $603,000.

About YieldMax TSLA Option Income Strategy ETF

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.