YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Stock Price Down 1.8% – Time to Sell?

Shares of YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZYGet Free Report) dropped 1.8% on Tuesday . The stock traded as low as $11.61 and last traded at $11.67. Approximately 292,975 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 460,114 shares. The stock had previously closed at $11.88.

YieldMax AMZN Option Income Strategy ETF Price Performance

The stock’s 50-day moving average is $10.93 and its 200-day moving average is $11.57.

Institutional Trading of YieldMax AMZN Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax AMZN Option Income Strategy ETF stock. Captrust Financial Advisors acquired a new stake in shares of YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZYFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 15,569 shares of the company’s stock, valued at approximately $253,000. Captrust Financial Advisors owned 0.09% of YieldMax AMZN Option Income Strategy ETF at the end of the most recent reporting period.

About YieldMax AMZN Option Income Strategy ETF

(Get Free Report)

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.

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