IMC Chicago LLC Grows Holdings in Direxion Daily TSLA Bull 2X Shares $TSLL

IMC Chicago LLC grew its position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) by 60.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 429,436 shares of the company’s stock after buying an additional 162,286 shares during the quarter. IMC Chicago LLC owned 0.11% of Direxion Daily TSLA Bull 2X Shares worth $9,065,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of TSLL. Spire Wealth Management bought a new stake in Direxion Daily TSLA Bull 2X Shares during the third quarter worth $30,000. Toth Financial Advisory Corp raised its stake in shares of Direxion Daily TSLA Bull 2X Shares by 99.2% during the 3rd quarter. Toth Financial Advisory Corp now owns 1,657 shares of the company’s stock worth $35,000 after purchasing an additional 825 shares during the period. Jump Financial LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth about $126,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth about $159,000. Finally, Hollencrest Capital Management grew its position in Direxion Daily TSLA Bull 2X Shares by 355.4% during the third quarter. Hollencrest Capital Management now owns 9,995 shares of the company’s stock valued at $211,000 after buying an additional 7,800 shares during the period.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of TSLL stock opened at $16.40 on Wednesday. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 88.55 and a beta of 2.85. Direxion Daily TSLA Bull 2X Shares has a 52 week low of $6.29 and a 52 week high of $25.18. The firm’s 50-day simple moving average is $19.15 and its two-hundred day simple moving average is $17.42.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were issued a $0.1122 dividend. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Direxion Daily TSLA Bull 2X Shares Company Profile

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.