YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Gap Down to $17.72

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) gapped down prior to trading on Friday . The stock had previously closed at $17.72, but opened at $16.91. YieldMax TSLA Option Income Strategy ETF shares last traded at $16.61, with a volume of 326,919 shares.

YieldMax TSLA Option Income Strategy ETF Stock Up 1.3 %

The company has a 50 day moving average of $15.46 and a 200-day moving average of $17.12.

Institutional Trading of YieldMax TSLA Option Income Strategy ETF

Several institutional investors and hedge funds have recently bought and sold shares of TSLY. Tower Research Capital LLC TRC purchased a new stake in YieldMax TSLA Option Income Strategy ETF in the third quarter worth about $345,000. Tucker Asset Management LLC lifted its holdings in YieldMax TSLA Option Income Strategy ETF by 5,437.3% in the third quarter. Tucker Asset Management LLC now owns 40,201 shares of the company’s stock worth $550,000 after buying an additional 39,475 shares during the period. BluePath Capital Management LLC lifted its holdings in YieldMax TSLA Option Income Strategy ETF by 27.1% in the fourth quarter. BluePath Capital Management LLC now owns 56,021 shares of the company’s stock worth $608,000 after buying an additional 11,947 shares during the period. AlphaMark Advisors LLC lifted its holdings in YieldMax TSLA Option Income Strategy ETF by 59.5% in the fourth quarter. AlphaMark Advisors LLC now owns 17,444 shares of the company’s stock worth $208,000 after buying an additional 6,508 shares during the period. Finally, Straight Path Wealth Management purchased a new stake in YieldMax TSLA Option Income Strategy ETF in the fourth quarter worth about $271,000.

YieldMax TSLA Option Income Strategy ETF Company Profile

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.