Shares of YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY – Get Free Report) shot up 5.2% during mid-day trading on Monday . The company traded as high as $15.18 and last traded at $15.15. 1,518,121 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 1,492,099 shares. The stock had previously closed at $14.40.
YieldMax MSTR Option Income Strategy ETF Stock Performance
The company’s 50-day simple moving average is $13.17 and its 200 day simple moving average is $19.48.
Institutional Trading of YieldMax MSTR Option Income Strategy ETF
A number of institutional investors and hedge funds have recently modified their holdings of the business. Sunbelt Securities Inc. bought a new stake in YieldMax MSTR Option Income Strategy ETF during the third quarter worth $216,000. Captrust Financial Advisors bought a new position in YieldMax MSTR Option Income Strategy ETF in the 2nd quarter valued at $341,000. NewEdge Advisors LLC bought a new position in YieldMax MSTR Option Income Strategy ETF in the 3rd quarter valued at $180,000. Cornerstone Planning Group LLC grew its stake in YieldMax MSTR Option Income Strategy ETF by 16,788.9% in the 4th quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock valued at $89,000 after purchasing an additional 3,022 shares during the period. Finally, Farther Finance Advisors LLC increased its position in shares of YieldMax MSTR Option Income Strategy ETF by 2,785.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,010 shares of the company’s stock valued at $30,000 after purchasing an additional 975 shares during the last quarter.
YieldMax MSTR Option Income Strategy ETF Company Profile
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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