JPMorgan Chase & Co. Has $3.65 Million Position in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Posted by Defense World Staff on Apr 21st, 2025

JPMorgan Chase & Co. cut its holdings in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Free Report) by 16.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 132,685 shares of the company’s stock after selling 25,913 shares during the quarter. JPMorgan Chase & Co. owned about 0.07% of Direxion Daily TSLA Bull 2X Shares worth $3,653,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its stake in Direxion Daily TSLA Bull 2X Shares by 13.7% in the fourth quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company’s stock valued at $327,000 after buying an additional 1,505 shares during the period. PayPay Securities Corp bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $50,000. Morse Asset Management Inc bought a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $119,000. Aire Advisors LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $241,000. Finally, Fortis Capital Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $262,000.

Direxion Daily TSLA Bull 2X Shares Stock Down 0.6 %

Shares of TSLL stock opened at $7.65 on Monday. Direxion Daily TSLA Bull 2X Shares has a 12-month low of $4.94 and a 12-month high of $41.50. The firm has a fifty day moving average of $11.41 and a 200-day moving average of $18.44. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 48.19 and a beta of 2.66.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a $0.0845 dividend. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, March 25th. This represents a $0.34 annualized dividend and a dividend yield of 4.42%.