Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Shares Down 2.4% – What’s Next?

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) was down 2.4% on Thursday . The stock traded as low as $27.74 and last traded at $28.21. Approximately 10,793 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 9,784 shares. The stock had previously closed at $28.91.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Trading Down 1.9%

The firm has a fifty day moving average of $28.54 and a 200-day moving average of $29.07.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, January 14th were issued a $0.50 dividend. This represents a c) annualized dividend and a dividend yield of 21.2%. The ex-dividend date of this dividend was Wednesday, January 14th.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Company Profile

The Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options AMZP was launched on Oct 31, 2023 and is issued by Kurv.