Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Stock Price Up 52.7% – Time to Buy?

Shares of Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) rose 52.7% during mid-day trading on Friday . The company traded as high as $25.81 and last traded at $39.2310. Approximately 2,456 shares changed hands during trading, a decline of 59% from the average daily volume of 6,064 shares. The stock had previously closed at $25.6991.

Kurv Yield Premium Strategy Google (GOOGL) ETF Stock Up 52.7%

The firm has a fifty day moving average price of $39.76 and a 200 day moving average price of $35.17.

Kurv Yield Premium Strategy Google (GOOGL) ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 22nd. Shareholders of record on Wednesday, January 21st were issued a $0.45 dividend. This represents a c) dividend on an annualized basis and a yield of 13.8%. This is an increase from Kurv Yield Premium Strategy Google (GOOGL) ETF’s previous monthly dividend of $0.40. The ex-dividend date of this dividend was Wednesday, January 21st.

Kurv Yield Premium Strategy Google (GOOGL) ETF Company Profile

The Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Google stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. GOOP was launched on Oct 31, 2023 and is issued by Kurv.