Stevens Capital Management LP Has $2.42 Million Stake in Direxion Daily TSLA Bull 2X Shares $TSLL

Stevens Capital Management LP raised its stake in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) by 97.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 126,479 shares of the company’s stock after purchasing an additional 62,549 shares during the quarter. Stevens Capital Management LP’s holdings in Direxion Daily TSLA Bull 2X Shares were worth $2,417,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. UBS Group AG lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 9.0% in the third quarter. UBS Group AG now owns 7,933,334 shares of the company’s stock valued at $167,473,000 after buying an additional 654,265 shares during the period. Flow Traders U.S. LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at about $13,256,000. Snowden Capital Advisors LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter valued at about $2,136,000. Q Fund Management Hong Kong Ltd acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at approximately $3,599,000. Finally, IMC Chicago LLC raised its holdings in Direxion Daily TSLA Bull 2X Shares by 60.7% in the 3rd quarter. IMC Chicago LLC now owns 429,436 shares of the company’s stock valued at $9,065,000 after acquiring an additional 162,286 shares in the last quarter.

Direxion Daily TSLA Bull 2X Shares Trading Down 1.7%

Shares of TSLL stock opened at $12.96 on Wednesday. Direxion Daily TSLA Bull 2X Shares has a 12 month low of $8.86 and a 12 month high of $23.74. The company has a market capitalization of $5.33 billion, a P/E ratio of 88.55 and a beta of 2.60. The stock has a 50 day moving average of $12.98 and a two-hundred day moving average of $16.70.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were given a $0.0994 dividend. This represents a $0.40 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, March 24th.

Direxion Daily TSLA Bull 2X Shares 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.