YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Up 4.1%

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY)’s share price rose 4.1% on Monday . The company traded as high as $17.23 and last traded at $17.23. Approximately 176,396 shares were traded during trading, a decline of 88% from the average daily volume of 1,422,599 shares. The stock had previously closed at $16.55.

YieldMax TSLA Option Income Strategy ETF Price Performance

The firm has a 50 day moving average of $15.56 and a two-hundred day moving average of $16.82.

Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF

Hedge funds have recently modified their holdings of the company. NorthRock Partners LLC purchased a new position in shares of YieldMax TSLA Option Income Strategy ETF during the 4th quarter worth about $126,000. Tamar Securities LLC raised its position in shares of YieldMax TSLA Option Income Strategy ETF by 12.2% in the 4th quarter. Tamar Securities LLC now owns 14,384 shares of the company’s stock worth $172,000 after acquiring an additional 1,567 shares in the last quarter. Keyes Stange & Wooten Wealth Management LLC bought a new stake in YieldMax TSLA Option Income Strategy ETF during the fourth quarter valued at about $193,000. AlphaMark Advisors LLC raised its stake in shares of YieldMax TSLA Option Income Strategy ETF by 59.5% during the 4th quarter. AlphaMark Advisors LLC now owns 17,444 shares of the company’s stock worth $208,000 after acquiring an additional 6,508 shares in the last quarter. Finally, Straight Path Wealth Management purchased a new stake in YieldMax TSLA Option Income Strategy ETF in the fourth quarter valued at about $271,000.

About YieldMax TSLA Option Income Strategy ETF

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.