70,254 Shares in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Acquired by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC purchased a new stake in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 70,254 shares of the company’s stock, valued at approximately $980,000. Garden State Investment Advisory Services LLC owned approximately 3.00% of GraniteShares 2x Long TSLA Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, IMC Chicago LLC purchased a new position in shares of GraniteShares 2x Long TSLA Daily ETF in the first quarter worth approximately $269,000.

GraniteShares 2x Long TSLA Daily ETF Stock Performance

TSLR opened at $17.76 on Friday. The stock has a fifty day moving average of $16.06 and a 200-day moving average of $13.78. GraniteShares 2x Long TSLA Daily ETF has a 12-month low of $7.45 and a 12-month high of $31.26.

GraniteShares 2x Long TSLA Daily ETF 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.