YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Shares Climb 1% – Here’s What Happened

Shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) rose 1% during trading on Friday. The company traded as high as $10.10 and last traded at $9.98. Approximately 726,350 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 844,206 shares. The stock had previously closed at $9.88.

YieldMax Gold Miners Option Income Strategy ETF Trading Up 1.0%

The stock’s 50-day simple moving average is $10.85 and its 200-day simple moving average is $11.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in YieldMax Gold Miners Option Income Strategy ETF stock. FNY Investment Advisers LLC purchased a new stake in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,000 shares of the company’s stock, valued at approximately $40,000.

YieldMax Gold Miners Option Income Strategy ETF Company Profile

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.