Sierra Summit Advisors LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 19,848 shares of the electric vehicle producer’s stock, valued at approximately $4,932,000. Tesla comprises 1.4% of Sierra Summit Advisors LLC’s investment portfolio, making the stock its 29th largest holding.
Several other institutional investors also recently modified their holdings of TSLA. Wyrmwood Management LLC acquired a new position in shares of Tesla during the 4th quarter worth about $25,000. Lam Group Inc. acquired a new position in Tesla in the 4th quarter valued at about $25,000. Mendota Financial Group LLC boosted its holdings in Tesla by 202.2% in the 4th quarter. Mendota Financial Group LLC now owns 136 shares of the electric vehicle producer’s stock valued at $34,000 after purchasing an…
