YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY – Get Free Report)’s share price dropped 0.7% on Tuesday . The stock traded as low as $5.84 and last traded at $6.02. Approximately 512,798 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 1,387,284 shares. The stock had previously closed at $6.06.
YieldMax SMCI Option Income Strategy ETF Stock Down 1.7%
The firm’s 50 day simple moving average is $6.12 and its two-hundred day simple moving average is $7.86.
Institutional Trading of YieldMax SMCI Option Income Strategy ETF
A hedge fund recently raised its stake in YieldMax SMCI Option Income Strategy ETF stock. FNY Investment Advisers LLC raised its position in YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY – Free Report) by 278.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,300 shares of the company’s stock after buying an additional 3,900 shares during the quarter. FNY Investment Advisers LLC’s holdings in YieldMax SMCI Option Income Strategy ETF were worth $42,000 at the end of the most recent quarter.
YieldMax SMCI Option Income Strategy ETF Company Profile
The YieldMax SMCI Option Income Strategy ETF (SMCY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Super Micro Computer Inc stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys SMCY was launched on Sep 11, 2024 and is issued by YieldMax.
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