YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY – Get Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $16.17 and last traded at $16.33, with a volume of 423474 shares trading hands. The stock had previously closed at $16.46.
YieldMax MSTR Option Income Strategy ETF Stock Performance
The business has a 50 day moving average of $22.98 and a 200 day moving average of $26.39.
Hedge Funds Weigh In On YieldMax MSTR Option Income Strategy ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC boosted its stake in YieldMax MSTR Option Income Strategy ETF by 178.0% during the third quarter. FNY Investment Advisers LLC now owns 22,800 shares of the company’s stock valued at $318,000 after buying an additional 14,600 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in YieldMax MSTR Option Income Strategy ETF by 16,788.9% during the fourth quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock valued at $89,000 after buying an additional 3,022 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of YieldMax MSTR Option Income Strategy ETF by 2,785.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,010 shares of the company’s stock valued at $30,000 after purchasing an additional 975 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the 2nd quarter valued at approximately $341,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the 3rd quarter valued at approximately $216,000.
About YieldMax MSTR Option Income Strategy ETF
The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.
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