YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Shares Up 0.3% – Time to Buy?

Shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) traded up 0.3% on Friday . The stock traded as high as $7.39 and last traded at $7.37. 1,307,347 shares were traded during trading, a decline of 32% from the average session volume of 1,908,564 shares. The stock had previously closed at $7.35.

YieldMax Universe Fund of Option Income ETF Stock Performance

The business’s 50-day simple moving average is $7.96 and its two-hundred day simple moving average is $8.39.

Institutional Trading of YieldMax Universe Fund of Option Income ETF

An institutional investor recently raised its position in YieldMax Universe Fund of Option Income ETF stock. Winnow Wealth LLC boosted its stake in YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) by 21.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 110,928 shares of the company’s stock after purchasing an additional 19,308 shares during the period. YieldMax Universe Fund of Option Income ETF comprises approximately 0.8% of Winnow Wealth LLC’s portfolio, making the stock its 17th largest position. Winnow Wealth LLC owned 0.19% of YieldMax Universe Fund of Option Income ETF worth $1,109,000 at the end of the most recent reporting period.

About YieldMax Universe Fund of Option Income ETF

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.