120,000 Shares in YieldMax Ultra Option Income Strategy ETF $ULTY Bought by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 120,000 shares of the company’s stock, valued at approximately $656,000.

YieldMax Ultra Option Income Strategy ETF Stock Performance

YieldMax Ultra Option Income Strategy ETF stock opened at $36.88 on Thursday. The company has a market capitalization of $1.17 billion, a P/E ratio of 40.09 and a beta of 1.74. YieldMax Ultra Option Income Strategy ETF has a fifty-two week low of $36.35 and a fifty-two week high of $88.79. The stock has a 50-day simple moving average of $38.99 and a 200-day simple moving average of $50.22.

YieldMax Ultra Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, January 22nd. Shareholders of record on Wednesday, January 21st will be paid a $0.4705 dividend. The ex-dividend date is Wednesday, January 21st. This represents a yield of 7,126.0%.

About YieldMax Ultra Option Income Strategy ETF

The YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.