YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY – Get Free Report) shares saw an uptick in trading volume on Wednesday . Approximately 2,608,260 shares traded hands during mid-day trading, an increase of 78% from the previous session’s volume of 1,461,236 shares.The stock last traded at $13.14 and had previously closed at $11.92.
YieldMax MSTR Option Income Strategy ETF Stock Performance
The firm has a fifty day moving average price of $13.47 and a 200 day moving average price of $19.87.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. acquired a new position in YieldMax MSTR Option Income Strategy ETF during the 3rd quarter valued at about $216,000. Captrust Financial Advisors acquired a new stake in YieldMax MSTR Option Income Strategy ETF during the 2nd quarter worth approximately $341,000. NewEdge Advisors LLC bought a new position in YieldMax MSTR Option Income Strategy ETF in the third quarter valued at approximately $180,000. Cornerstone Planning Group LLC lifted its stake in 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 valued at $89,000 after buying an additional 3,022 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings 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 during the period.
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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