YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Reaches New 12-Month Low – Should You Sell?

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) shares hit a new 52-week low during trading on Friday . The stock traded as low as $18.55 and last traded at $19.34, with a volume of 1495136 shares traded. The stock had previously closed at $19.11.

YieldMax MSTR Option Income Strategy ETF Price Performance

The business’s 50-day moving average price is $27.32 and its two-hundred day moving average price is $28.06.

YieldMax MSTR Option Income Strategy ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, February 13th were issued a $2.0216 dividend. The ex-dividend date of this dividend was Thursday, February 13th.

Institutional Investors Weigh In On YieldMax MSTR Option Income Strategy ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. AdvisorNet Financial Inc bought a new position in YieldMax MSTR Option Income Strategy ETF in the 4th quarter valued at about $74,000. FNY Investment Advisers LLC bought a new position in YieldMax MSTR Option Income Strategy ETF in the fourth quarter valued at approximately $131,000. Worth Asset Management LLC bought a new position in YieldMax MSTR Option Income Strategy ETF in the fourth quarter valued at approximately $207,000. Fiduciary Alliance LLC acquired a new position in YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at approximately $786,000. Finally, OLD Mission Capital LLC lifted its stake in YieldMax MSTR Option Income Strategy ETF by 302.1% during the fourth quarter. OLD Mission Capital LLC now owns 40,853 shares of the company’s stock worth $1,075,000 after purchasing an additional 30,694 shares during the last quarter.

YieldMax MSTR Option Income Strategy ETF Company Profile

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.