YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report) traded down 2% during trading on Thursday . The stock traded as low as $12.49 and last traded at $12.57. Approximately 1,776,376 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 4,507,208 shares. The stock had previously closed at $12.83.
YieldMax NVDA Option Income Strategy ETF Stock Performance
The business has a 50-day moving average price of $13.17 and a two-hundred day moving average price of $13.64.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in NVDY. Versant Capital Management Inc boosted its stake in shares of YieldMax NVDA Option Income Strategy ETF by 36.4% in the 2nd quarter. Versant Capital Management Inc now owns 3,213 shares of the company’s stock valued at $40,000 after purchasing an additional 858 shares during the last quarter. Sunbelt Securities Inc. raised its stake in shares of YieldMax NVDA Option Income Strategy ETF by 1.9% during the first quarter. Sunbelt Securities Inc. now owns 247,000 shares of the company’s stock worth $3,206,000 after buying an additional 4,538 shares during the last quarter. FNY Investment Advisers LLC raised its stake in shares of YieldMax NVDA Option Income Strategy ETF by 3,287.5% during the fourth quarter. FNY Investment Advisers LLC now owns 81,300 shares of the company’s stock worth $1,187,000 after buying an additional 78,900 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in YieldMax NVDA Option Income Strategy ETF in the second quarter valued at approximately $773,000.
YieldMax NVDA Option Income Strategy ETF Company Profile
The YieldMax NVDA Option Income Strategy ETF (NVDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Nvidia stock (NVDA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NVDY was launched on May 10, 2023 and is managed by Tidal.
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