Exchange Traded Concepts LLC Boosts Stake in Tesla, Inc. (NASDAQ:TSLA)

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Exchange Traded Concepts LLC raised its position in Tesla, Inc. (NASDAQ:TSLAFree Report) by 135.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,472 shares of the electric vehicle producer’s stock after purchasing an additional 10,042 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Tesla were worth $4,341,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Deuterium Capital Management LLC purchased a new position in shares of Tesla during the second quarter worth approximately $1,314,000. Synergy Financial Group LTD increased its position in shares of Tesla by 7.3% during the second quarter. Synergy Financial Group LTD now owns 6,432 shares of the electric vehicle producer’s stock worth $1,684,000 after acquiring an…

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