YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Sees Large Volume Increase – Here’s Why

Shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) saw strong trading volume on Wednesday . 1,177,760 shares were traded during trading, a decline of 26% from the previous session’s volume of 1,601,446 shares.The stock last traded at $15.41 and had previously closed at $15.36.

YieldMax TSLA Option Income Strategy ETF Trading Down 1.0 %

The stock’s 50-day moving average price is $13.27 and its 200 day moving average price is $14.33.

Institutional Trading of YieldMax TSLA Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax TSLA Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new position in shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,478 shares of the company’s stock, valued at approximately $56,000.

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.