YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) Reaches New 12-Month Low – Here’s What Happened

YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report)’s share price reached a new 52-week low during trading on Thursday. The company traded as low as $11.56 and last traded at $11.6150, with a volume of 2,339,157 shares. The stock had previously closed at $12.07.

YieldMax NVDA Option Income Strategy ETF Stock Performance

The firm’s 50 day simple moving average is $12.57 and its 200-day simple moving average is $12.96.

Institutional Inflows and Outflows

A hedge fund recently raised its position in YieldMax NVDA Option Income Strategy ETF stock. Versant Capital Management Inc boosted its holdings in shares of YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Free Report) by 36.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,213 shares of the company’s stock after acquiring an additional 858 shares during the quarter. Versant Capital Management Inc’s holdings in YieldMax NVDA Option Income Strategy ETF were worth $40,000 at the end of the most recent quarter.

About YieldMax NVDA Option Income Strategy ETF

(Get Free Report)

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.

Further Reading

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