Simplify Asset Management Inc. Purchases Shares of 182,122 Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Simplify Asset Management Inc. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) during the fourth quarter, Holdings Channel.com reports. The fund purchased 182,122 shares of the company’s stock, valued at approximately $5,014,000. Direxion Daily TSLA Bull 2X Shares comprises about 0.2% of Simplify Asset Management Inc.’s portfolio, making the stock its 24th largest position.

Several other hedge funds have also recently modified their holdings of the stock. Citigroup Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $51,145,000. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $5,752,000. Lauer Wealth LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $5,285,000. JPMorgan Chase & Co. increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 248.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock valued at $2,192,000 after acquiring an additional 113,068 shares during the period. Finally, Shengqi Capital Hong Kong Ltd purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $4,130,000.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Direxion Daily TSLA Bull 2X Shares stock opened at $9.04 on Friday. The business’s 50-day simple moving average is $18.73 and its two-hundred day simple moving average is $18.83. The company has a market cap of $1.75 billion, a PE ratio of 43.99 and a beta of -5.14. 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 Profile