YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Sets New 12-Month Low – What’s Next?

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $29.75 and last traded at $29.9630, with a volume of 786252 shares trading hands. The stock had previously closed at $30.21.

YieldMax MSTR Option Income Strategy ETF Stock Performance

The company has a 50 day simple moving average of $40.47 and a 200 day simple moving average of $71.74.

YieldMax MSTR Option Income Strategy ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $3.037 dividend. The ex-dividend date was Friday, December 26th. This represents a yield of 8,668.0%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc grew its holdings in YieldMax MSTR Option Income Strategy ETF by 92.0% during the 3rd quarter. Versant Capital Management Inc now owns 2,218 shares of the company’s stock worth $31,000 after acquiring an additional 1,063 shares during the last quarter. Sound Income Strategies LLC bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the 2nd quarter valued at about $33,000. Strategic Advocates LLC bought a new position in YieldMax MSTR Option Income Strategy ETF during the third quarter worth $41,000. AdvisorNet Financial Inc increased its position in YieldMax MSTR Option Income Strategy ETF by 29.8% in the 3rd quarter. AdvisorNet Financial Inc now owns 4,898 shares of the company’s stock valued at $68,000 after buying an additional 1,124 shares in the last quarter. Finally, CoreCap Advisors LLC grew its stake in YieldMax MSTR Option Income Strategy ETF by 49.9% in the third quarter. CoreCap Advisors LLC now owns 7,251 shares of the company’s stock valued at $101,000 after acquiring an additional 2,413 shares during the period.

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.