YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Up 0.4% – Here’s Why

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) shares were up 0.4% during mid-day trading on Tuesday . The stock traded as high as $27.17 and last traded at $26.83. Approximately 269,556 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 735,897 shares. The stock had previously closed at $26.73.

YieldMax TSLA Option Income Strategy ETF Stock Up 0.4%

The stock’s fifty day simple moving average is $28.88 and its 200 day simple moving average is $31.43.

Institutional Inflows and Outflows

An institutional investor recently raised its position in YieldMax TSLA Option Income Strategy ETF stock. FNY Investment Advisers LLC boosted its position in shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 821.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,640 shares of the company’s stock after acquiring an additional 24,640 shares during the period. FNY Investment Advisers LLC owned 0.09% of YieldMax TSLA Option Income Strategy ETF worth $1,037,000 as of its most recent filing with the Securities & Exchange Commission.

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. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.