YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY – Get Free Report) shares shot up 12% on Monday . The company traded as high as $12.97 and last traded at $12.91. Approximately 1,778,009 shares changed hands during trading, an increase of 17% from the average session volume of 1,515,576 shares. The stock had previously closed at $11.53.
YieldMax MSTR Option Income Strategy ETF Price Performance
The stock’s 50-day moving average price is $21.06 and its 200-day moving average price is $24.37.
Institutional Trading of YieldMax MSTR Option Income Strategy ETF
A number of institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC raised its position in shares of YieldMax MSTR Option Income Strategy ETF by 2,785.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,010 shares of the company’s stock valued at $30,000 after buying an additional 975 shares in the last quarter. Strategic Advocates LLC acquired a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the 3rd quarter worth $41,000. Cornerstone Planning Group LLC increased its position in shares of YieldMax MSTR Option Income Strategy ETF by 16,788.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock worth $89,000 after purchasing an additional 3,022 shares during the period. NewEdge Advisors LLC bought a new position in shares of YieldMax MSTR Option Income Strategy ETF in the third quarter worth $180,000. Finally, Sunbelt Securities Inc. acquired a new position in YieldMax MSTR Option Income Strategy ETF in the third quarter valued at about $216,000.
About YieldMax MSTR Option Income Strategy ETF
The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.
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