1,324,108 Direxion Daily TSLA Bull 2X ETF $TSLL Shares Sold by Sloy Dahl & Holst LLC

Sloy Dahl & Holst LLC lowered its stake in shares of Direxion Daily TSLA Bull 2X ETF (NASDAQ:TSLL) by 54.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,093,976 shares of the company’s stock after selling 1,324,108 shares during the quarter. Direxion Daily TSLA Bull 2X ETF comprises 1.4% of Sloy Dahl & Holst LLC’s holdings, making the stock its 10th largest holding. Sloy Dahl & Holst LLC’s holdings in Direxion Daily TSLA Bull 2X ETF were worth $9,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC raised its holdings in Direxion Daily TSLA Bull 2X ETF by 2,438.5% in the first quarter. Renaissance Technologies LLC now owns 2,198,300 shares of the company’s stock worth $26,709,000 after purchasing an additional 2,111,700 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X ETF during the fourth quarter valued at about $5,913,000. Turner Financial Group Inc. bought a new stake in shares of Direxion Daily TSLA Bull 2X ETF in the 2nd quarter valued at about $3,646,000. Royal Bank of Canada boosted its holdings in shares of Direxion Daily TSLA Bull 2X ETF by 36,531.8% in the 1st quarter. Royal Bank of Canada now owns 102,569 shares of the company’s stock valued at $1,246,000 after buying an additional 102,289 shares in the last quarter. Finally, Discipline Wealth Solutions LLC boosted its holdings in shares of Direxion Daily TSLA Bull 2X ETF by 15.1% in the 1st quarter. Discipline Wealth Solutions LLC now owns 51,189 shares of the company’s stock valued at $622,000 after buying an additional 6,710 shares in the last quarter.

Direxion Daily TSLA Bull 2X ETF Stock Down 4.2%

Shares of Direxion Daily TSLA Bull 2X ETF stock opened at $9.58 on Thursday. The firm’s 50 day moving average price is $9.39 and its 200-day moving average price is $11.41. Direxion Daily TSLA Bull 2X ETF has a 52-week low of $6.70 and a 52-week high of $23.74. The company has a market cap of $3.63 billion, a P/E ratio of 88.55 and a beta of 2.85.

About Direxion Daily TSLA Bull 2X ETF

The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLL was launched on Aug 9, 2022 and is managed by Direxion.