Simplify Asset Management Inc. Takes $818,000 Position in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR)

Simplify Asset Management Inc. acquired a new position in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 18,909 shares of the company’s stock, valued at approximately $818,000.

Several other institutional investors also recently bought and sold shares of TSLR. Hollencrest Capital Management purchased a new position in GraniteShares 2x Long TSLA Daily ETF in the 4th quarter worth approximately $65,000. SBI Securities Co. Ltd. bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF in the fourth quarter worth approximately $25,000. Finally, Jane Street Group LLC purchased a new position in shares of GraniteShares 2x Long TSLA Daily ETF in the third quarter worth $537,000.

GraniteShares 2x Long TSLA Daily ETF Trading Up 10.6 %

NASDAQ:TSLR opened at $14.24 on Friday. The company has a fifty day moving average of $29.48 and a 200 day moving average of $29.38. GraniteShares 2x Long TSLA Daily ETF has a 52 week low of $7.45 and a 52 week high of $64.75.

GraniteShares 2x Long TSLA Daily ETF Company Profile

The GraniteShares 2x Long TSLA Daily ETF (TSLR) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLR was launched on Aug 21, 2023 and is issued by GraniteShares.