Snowden Capital Advisors LLC Has $1.51 Million Position in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR)

Snowden Capital Advisors LLC increased its holdings in shares of GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) by 57.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,006 shares of the company’s stock after acquiring an additional 12,791 shares during the quarter. Snowden Capital Advisors LLC’s holdings in GraniteShares 2x Long TSLA Daily ETF were worth $1,514,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TSLR. SBI Securities Co. Ltd. bought a new stake in GraniteShares 2x Long TSLA Daily ETF in the 4th quarter valued at $25,000. Hollencrest Capital Management bought a new stake in GraniteShares 2x Long TSLA Daily ETF in the 4th quarter valued at $65,000. Simplify Asset Management Inc. bought a new stake in GraniteShares 2x Long TSLA Daily ETF in the 4th quarter valued at $818,000. Finally, NewEdge Advisors LLC boosted its stake in GraniteShares 2x Long TSLA Daily ETF by 474.3% in the 4th quarter. NewEdge Advisors LLC now owns 106,240 shares of the company’s stock valued at $4,595,000 after purchasing an additional 87,740 shares during the period.

GraniteShares 2x Long TSLA Daily ETF Stock Performance

TSLR opened at $24.54 on Friday. The business has a fifty day simple moving average of $15.44 and a 200 day simple moving average of $28.81. GraniteShares 2x Long TSLA Daily ETF has a 1 year low of $9.97 and a 1 year high of $64.75.

About GraniteShares 2x Long TSLA Daily ETF

The GraniteShares 2x Long TSLA Daily ETF (TSLR) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLR was launched on Aug 21, 2023 and is issued by GraniteShares.