YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as $10.48 and last traded at $10.3580, with a volume of 403,942 shares traded. The stock had previously closed at $11.02.
YieldMax NVDA Option Income Strategy ETF Stock Down 9.5%
The stock has a fifty day simple moving average of $12.32 and a two-hundred day simple moving average of $13.11.
Institutional Trading of YieldMax NVDA Option Income Strategy ETF
A hedge fund recently raised its position in YieldMax NVDA Option Income Strategy ETF stock. Versant Capital Management Inc lifted its holdings in shares of YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Free Report) by 36.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,213 shares of the company’s stock after acquiring an additional 858 shares during the quarter. Versant Capital Management Inc’s holdings in YieldMax NVDA Option Income Strategy ETF were worth $40,000 at the end of the most recent quarter.
YieldMax NVDA Option Income Strategy ETF Company Profile
The YieldMax NVDA Option Income Strategy ETF (NVDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Nvidia stock (NVDA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NVDY was launched on May 10, 2023 and is managed by Tidal.
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