YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Shares Down 1.1% – Here’s What Happened

YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXGet Free Report)’s share price dropped 1.1% on Tuesday . The company traded as low as $7.39 and last traded at $7.39. 828,251 shares were traded during mid-day trading, a decline of 53% from the average session volume of 1,751,348 shares. The stock had previously closed at $7.47.

YieldMax Universe Fund of Option Income ETF Trading Up 2.5%

The business’s fifty day simple moving average is $7.59 and its 200-day simple moving average is $8.01.

Institutional Trading of YieldMax Universe Fund of Option Income ETF

An institutional investor recently raised its stake in YieldMax Universe Fund of Option Income ETF stock. Winnow Wealth LLC grew its stake in shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXFree Report) by 21.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,928 shares of the company’s stock after buying an additional 19,308 shares during the period. YieldMax Universe Fund of Option Income ETF accounts for approximately 0.8% of Winnow Wealth LLC’s portfolio, making the stock its 17th largest holding. Winnow Wealth LLC owned approximately 0.19% of YieldMax Universe Fund of Option Income ETF worth $1,109,000 at the end of the most recent reporting period.

About YieldMax Universe Fund of Option Income ETF

(Get Free Report)

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.

Recommended Stories

Receive News & Ratings for YieldMax Universe Fund of Option Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax Universe Fund of Option Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.