YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Trading Down 1.7% – Here’s What Happened

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLYGet Free Report)’s share price dropped 1.7% on Friday . The company traded as low as $11.58 and last traded at $11.59. Approximately 86,032 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 191,250 shares. The stock had previously closed at $11.79.

YieldMax AAPL Option Income Strategy ETF Trading Down 1.7%

The firm’s 50 day simple moving average is $12.48 and its 200-day simple moving average is $13.21.

YieldMax AAPL Option Income Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a dividend of $0.0481 per share. This represents a yield of 3,775.0%. The ex-dividend date of this dividend was Thursday, February 26th.

YieldMax AAPL Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax AAPL Option Income Strategy ETF (APLY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. APLY was launched on Apr 18, 2023 and is managed by Tidal.

See Also

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