Sequoia Financial Advisors LLC Purchases New Holdings in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Sequoia Financial Advisors LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $80,000. Sequoia Financial Advisors LLC owned approximately 0.15% of Direxion Daily TSLA Bear 1X Shares as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter valued at about $247,000. PayPay Securities Corp bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter valued at about $66,000. IMC Chicago LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter valued at about $1,598,000. RMR Capital Management LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter valued at about $107,000. Finally, Ridgecrest Wealth Partners LLC bought a new stake in shares of Direxion Daily TSLA Bear 1X Shares in the fourth quarter worth approximately $96,000.

Direxion Daily TSLA Bear 1X Shares Trading Down 5.5 %

Shares of TSLS stock opened at $11.95 on Friday. The company has a 50 day moving average price of $9.71 and a 200-day moving average price of $11.38. Direxion Daily TSLA Bear 1X Shares has a 52 week low of $6.82 and a 52 week high of $31.83.

Direxion Daily TSLA Bear 1X Shares Profile

The Direxion Daily TSLA Bear 1X Shares (TSLS) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLS was launched on Aug 9, 2022 and is managed by Direxion.