YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) Hits New 12-Month Low – What’s Next?

Shares of YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTYGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as $46.02 and last traded at $46.3340, with a volume of 213408 shares. The stock had previously closed at $47.91.

YieldMax PLTR Option Income Strategy ETF Price Performance

The business’s fifty day moving average price is $53.33 and its 200 day moving average price is $60.72.

YieldMax PLTR Option Income Strategy ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 23rd. Stockholders of record on Thursday, January 22nd will be paid a dividend of $0.4508 per share. This represents a dividend yield of 4,284.0%. The ex-dividend date is Thursday, January 22nd.

Hedge Funds Weigh In On YieldMax PLTR Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax PLTR Option Income Strategy ETF stock. FNY Investment Advisers LLC acquired a new position in shares of YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTYFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,400 shares of the company’s stock, valued at approximately $123,000.

YieldMax PLTR Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax PLTR Option Income Strategy ETF (PLTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on Palantir Technologies Inc (PLTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys PLTY was launched on Oct 7, 2024 and is issued by YieldMax.

Further Reading

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