Shares of YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 2,608,260 shares were traded 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 Price Performance
The stock’s 50 day moving average is $13.47 and its two-hundred day moving average is $19.87.
Institutional Trading of YieldMax MSTR Option Income Strategy ETF
A number of institutional investors have recently modified their holdings of MSTY. Sunbelt Securities Inc. bought a new position in shares of YieldMax MSTR Option Income Strategy ETF during the third quarter worth about $216,000. Captrust Financial Advisors acquired a new stake in YieldMax MSTR Option Income Strategy ETF in the 2nd quarter valued at approximately $341,000. NewEdge Advisors LLC bought a new stake in YieldMax MSTR Option Income Strategy ETF in the 3rd quarter valued at approximately $180,000. Cornerstone Planning Group LLC boosted its position in YieldMax MSTR Option Income Strategy ETF by 16,788.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock worth $89,000 after acquiring an additional 3,022 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in YieldMax MSTR Option Income Strategy ETF by 2,785.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,010 shares of the company’s stock worth $30,000 after acquiring an additional 975 shares during the last quarter.
About YieldMax MSTR Option Income Strategy ETF
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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