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

Simplify Asset Management Inc. bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 18,909 shares of the company’s stock, valued at approximately $818,000. Simplify Asset Management Inc. owned 0.36% of GraniteShares 2x Long TSLA Daily ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Jane Street Group LLC acquired a new position in GraniteShares 2x Long TSLA Daily ETF during the third quarter worth $537,000. Hollencrest Capital Management bought a new stake in shares of GraniteShares 2x Long TSLA Daily ETF during the fourth quarter worth about $65,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of GraniteShares 2x Long TSLA Daily ETF during the fourth quarter worth about $25,000.

GraniteShares 2x Long TSLA Daily ETF Stock Up 10.6 %

Shares of NASDAQ TSLR opened at $14.24 on Friday. GraniteShares 2x Long TSLA Daily ETF has a fifty-two week low of $7.45 and a fifty-two week high of $64.75. The firm’s 50-day simple moving average is $29.48 and its 200 day simple moving average is $29.38.

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.