YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Gap Up to $13.18

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) gapped up prior to trading on Wednesday . The stock had previously closed at $13.18, but opened at $14.45. YieldMax TSLA Option Income Strategy ETF shares last traded at $14.85, with a volume of 783,962 shares traded.

YieldMax TSLA Option Income Strategy ETF Stock Up 3.3 %

The firm’s 50-day simple moving average is $16.04 and its 200-day simple moving average is $20.12.

Institutional Trading of YieldMax TSLA Option Income Strategy ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC lifted its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 18,922.9% during the 4th quarter. International Assets Investment Management LLC now owns 523,131 shares of the company’s stock worth $6,241,000 after acquiring an additional 520,381 shares during the period. BluePath Capital Management LLC bought a new position in shares of YieldMax TSLA Option Income Strategy ETF during the 3rd quarter worth about $603,000. Tucker Asset Management LLC lifted its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 5,437.3% during the 3rd quarter. Tucker Asset Management LLC now owns 40,201 shares of the company’s stock worth $550,000 after acquiring an additional 39,475 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of YieldMax TSLA Option Income Strategy ETF during the 3rd quarter worth about $345,000. Finally, AE Wealth Management LLC bought a new position in shares of YieldMax TSLA Option Income Strategy ETF during the 3rd quarter worth about $343,000.

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.