YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Sets New 52-Week Low – Time to Sell?

YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $10.01 and last traded at $10.0050, with a volume of 1826194 shares trading hands. The stock had previously closed at $10.19.

YieldMax Universe Fund of Option Income ETF Price Performance

The business’s 50-day simple moving average is $10.95 and its two-hundred day simple moving average is $12.39.

YieldMax Universe Fund of Option Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 16th. Investors of record on Wednesday, October 15th were issued a dividend of $0.1743 per share. This is a positive change from YieldMax Universe Fund of Option Income ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a dividend yield of 7,193.0%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax Universe Fund of Option Income ETF stock. Winnow Wealth LLC acquired a new stake in YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXFree Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 91,620 shares of the company’s stock, valued at approximately $1,191,000. YieldMax Universe Fund of Option Income ETF comprises 0.9% of Winnow Wealth LLC’s holdings, making the stock its 21st biggest position. Winnow Wealth LLC owned approximately 0.12% of YieldMax Universe Fund of Option Income ETF at the end of the most recent reporting period.

About YieldMax Universe Fund of Option Income ETF

(Get Free Report)

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.

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