YieldMax Magnificent 7 Fund of Option Income ETF (NYSEARCA:YMAG – Get Free Report) shares dropped 1.9% during mid-day trading on Thursday. The stock traded as low as $10.64 and last traded at $10.68. Approximately 1,151,102 shares changed hands during trading, an increase of 1% from the average daily volume of 1,141,924 shares. The stock had previously closed at $10.89.
YieldMax Magnificent 7 Fund of Option Income ETF Stock Down 1.4%
The firm’s 50-day moving average price is $11.23 and its 200-day moving average price is $12.11.
About YieldMax Magnificent 7 Fund of Option Income ETF
The YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is a fund-of-funds that invests in seven mega-cap ETFs considered to be driving the market through technology. The underlying ETFs seek to provide current income and capped gains of these stocks through a synthetic covered call strategy. YMAG was launched on Jan 29, 2024 and is issued by YieldMax.
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