YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Trading 5.4% Higher

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) rose 5.4% during trading on Monday . The stock traded as high as $15.98 and last traded at $15.87. Approximately 338,491 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 1,655,468 shares. The stock had previously closed at $15.05.

YieldMax TSLA Option Income Strategy ETF Price Performance

The company’s fifty day simple moving average is $15.98 and its 200 day simple moving average is $19.92.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Keyes Stange & Wooten Wealth Management LLC bought a new position in YieldMax TSLA Option Income Strategy ETF in the 4th quarter worth $193,000. NorthRock Partners LLC bought a new position in shares of YieldMax TSLA Option Income Strategy ETF in the 4th quarter worth about $126,000. International Assets Investment Management LLC increased its stake in shares of YieldMax TSLA Option Income Strategy ETF by 1,494.5% in the 4th quarter. International Assets Investment Management LLC now owns 43,850 shares of the company’s stock worth $523,000 after acquiring an additional 41,100 shares in the last quarter. Tamar Securities LLC increased its stake 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. Finally, Straight Path Wealth Management bought a new position in shares of YieldMax TSLA Option Income Strategy ETF in the 4th quarter worth 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.