YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report)’s share price was down 2% during mid-day trading on Thursday . The company traded as low as $12.49 and last traded at $12.57. Approximately 1,776,376 shares were traded during mid-day trading, a decline of 61% from the average session volume of 4,507,208 shares. The stock had previously closed at $12.83.
YieldMax NVDA Option Income Strategy ETF Trading Down 2.0%
The stock’s 50-day moving average is $13.20 and its two-hundred day moving average is $13.65.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc boosted its position in shares of YieldMax NVDA Option Income Strategy ETF by 36.4% during the second quarter. Versant Capital Management Inc now owns 3,213 shares of the company’s stock worth $40,000 after buying an additional 858 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of YieldMax NVDA Option Income Strategy ETF in the 3rd quarter valued at $40,000. Jump Financial LLC purchased a new stake in shares of YieldMax NVDA Option Income Strategy ETF in the 2nd quarter valued at $773,000. Finally, Sunbelt Securities Inc. lifted its stake in YieldMax NVDA Option Income Strategy ETF by 1.9% during the 1st quarter. Sunbelt Securities Inc. now owns 247,000 shares of the company’s stock worth $3,206,000 after acquiring an additional 4,538 shares in the last quarter.
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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