YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Trading 7.2% Higher – Here’s Why

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOYGet Free Report) shares traded up 7.2% on Friday . The stock traded as high as $9.19 and last traded at $9.13. 68,592 shares were traded during trading, a decline of 13% from the average session volume of 78,492 shares. The stock had previously closed at $8.52.

YieldMax SNOW Option Income Strategy ETF Stock Up 7.2%

The firm’s fifty day simple moving average is $11.88 and its 200 day simple moving average is $14.10.

YieldMax SNOW Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 6th. Investors of record on Thursday, February 5th will be paid a $0.0868 dividend. This represents a yield of 4,065.0%. The ex-dividend date of this dividend is Thursday, February 5th.

YieldMax SNOW Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Snowflake stock (SNOW) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. SNOY was launched on Jun 10, 2024 and is issued by YieldMax.

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