YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Sees Strong Trading Volume

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) shares saw an uptick in trading volume on Wednesday . 521,684 shares were traded during trading, a decline of 63% from the previous session’s volume of 1,410,534 shares.The stock last traded at $17.39 and had previously closed at $17.11.

YieldMax TSLA Option Income Strategy ETF Stock Performance

The business’s 50-day simple moving average is $15.32 and its two-hundred day simple moving average is $17.21.

Institutional Investors Weigh In On YieldMax TSLA Option Income Strategy ETF

A number of institutional investors have recently made changes to their positions in the stock. NorthRock Partners LLC acquired a new position in shares of YieldMax TSLA Option Income Strategy ETF in the fourth quarter valued at approximately $126,000. Tamar Securities LLC grew its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 12.2% in the fourth quarter. Tamar Securities LLC now owns 14,384 shares of the company’s stock valued at $172,000 after purchasing an additional 1,567 shares in the last quarter. Keyes Stange & Wooten Wealth Management LLC acquired a new position in shares of YieldMax TSLA Option Income Strategy ETF in the fourth quarter valued at approximately $193,000. AlphaMark Advisors LLC grew its holdings in shares of YieldMax TSLA Option Income Strategy ETF by 59.5% in the fourth quarter. AlphaMark Advisors LLC now owns 17,444 shares of the company’s stock valued at $208,000 after purchasing an additional 6,508 shares in the last quarter. Finally, Straight Path Wealth Management purchased a new position in YieldMax TSLA Option Income Strategy ETF in the fourth quarter worth approximately $271,000.

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.