SHP Wealth Management Makes New $87,000 Investment in Direxion Daily TSLA Bear 1X Shares $TSLS

SHP Wealth Management purchased a new stake in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,112 shares of the company’s stock, valued at approximately $87,000.

A number of other institutional investors also recently modified their holdings of TSLS. PayPay Securities Corp lifted its stake in shares of Direxion Daily TSLA Bear 1X Shares by 103.6% in the fourth quarter. PayPay Securities Corp now owns 15,254 shares of the company’s stock worth $77,000 after buying an additional 7,762 shares during the last quarter. Private Advisor Group LLC raised its holdings in Direxion Daily TSLA Bear 1X Shares by 133.6% in the 3rd quarter. Private Advisor Group LLC now owns 25,000 shares of the company’s stock worth $134,000 after acquiring an additional 14,300 shares during the period. Optiver Holding B.V. bought a new position in Direxion Daily TSLA Bear 1X Shares in the 3rd quarter worth $81,000. Ridgecrest Wealth Partners LLC lifted its position in Direxion Daily TSLA Bear 1X Shares by 64.6% during the 4th quarter. Ridgecrest Wealth Partners LLC now owns 39,485 shares of the company’s stock worth $200,000 after acquiring an additional 15,500 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth $129,000.

Direxion Daily TSLA Bear 1X Shares Stock Performance

TSLS stock opened at $53.90 on Tuesday. The company has a 50-day moving average of $54.79 and a two-hundred day moving average of $54.49. Direxion Daily TSLA Bear 1X Shares has a 52-week low of $46.20 and a 52-week high of $85.30.

Direxion Daily TSLA Bear 1X Shares Company Profile

The Direxion Daily TSLA Bear 1X Shares (TSLS) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLS was launched on Aug 9, 2022 and is managed by Direxion.