Sloy Dahl & Holst LLC Makes New $2.35 Million Investment in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Posted by Dee Baugher on Feb 4th, 2025

Sloy Dahl & Holst LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,439 shares of the company’s stock, valued at approximately $2,352,000. Direxion Daily TSLA Bull 2X Shares makes up about 0.3% of Sloy Dahl & Holst LLC’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $916,000. Client First Investment Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $327,000. Lauer Wealth LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $5,285,000. JPMorgan Chase & Co. raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 248.3% in the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock valued at $2,192,000 after purchasing an additional 113,068 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $152,000.

Direxion Daily TSLA Bull 2X Shares Price Performance

Shares of TSLL opened at $23.96 on Tuesday. The firm has a market capitalization of $4.58 billion, a PE ratio of 40.38 and a beta of -5.14. The company’s 50-day moving average is $28.02 and its 200-day moving average is $17.72. Direxion Daily TSLA Bull 2X Shares has a fifty-two week low of $4.94 and a fifty-two week high of $41.50.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.1399 dividend. The ex-dividend date was Monday, December 23rd.