YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Sees Unusually-High Trading Volume – Here’s What Happened

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) saw unusually-strong trading volume on Monday . Approximately 2,647,268 shares were traded during trading, an increase of 12% from the previous session’s volume of 2,373,677 shares.The stock last traded at $22.53 and had previously closed at $21.57.

YieldMax MSTR Option Income Strategy ETF Trading Up 1.7 %

The company’s 50-day moving average is $24.40 and its two-hundred day moving average is $27.85.

Institutional Trading of YieldMax MSTR Option Income Strategy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc bought a new stake in YieldMax MSTR Option Income Strategy ETF during the fourth quarter worth about $74,000. FNY Investment Advisers LLC bought a new stake in YieldMax MSTR Option Income Strategy ETF in the 4th quarter worth $131,000. Worth Asset Management LLC purchased a new position in YieldMax MSTR Option Income Strategy ETF during the 4th quarter valued at about $207,000. Argent Advisors Inc. purchased a new position in shares of YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at approximately $263,000. Finally, Fiduciary Alliance LLC bought a new position in YieldMax MSTR Option Income Strategy ETF in the 4th quarter worth $786,000.

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.