YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Sets New 52-Week Low at $13.92

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $13.92 and last traded at $14.03, with a volume of 550444 shares trading hands. The stock had previously closed at $14.57.

YieldMax TSLA Option Income Strategy ETF Price Performance

The company’s 50-day moving average is $16.50 and its 200 day moving average is $20.66.

Institutional Investors Weigh In On YieldMax TSLA Option Income Strategy ETF

Hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in YieldMax TSLA Option Income Strategy ETF in the 3rd quarter worth approximately $36,000. Royal Bank of Canada purchased a new stake in YieldMax TSLA Option Income Strategy ETF in the 4th quarter worth approximately $88,000. NorthRock Partners LLC purchased a new stake in YieldMax TSLA Option Income Strategy ETF in the 4th quarter worth approximately $126,000. AlphaMark Advisors LLC purchased a new stake in YieldMax TSLA Option Income Strategy ETF in the 3rd quarter worth approximately $150,000. Finally, Tamar Securities LLC lifted its position in YieldMax TSLA Option Income Strategy ETF by 12.2% in the 4th quarter. Tamar Securities LLC now owns 14,384 shares of the company’s stock worth $172,000 after buying an additional 1,567 shares in the last quarter.

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.