YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Reaches New 12-Month Low – What’s Next?

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTYGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $15.88 and last traded at $16.03, with a volume of 356802 shares. The stock had previously closed at $16.49.

YieldMax MSTR Option Income Strategy ETF Stock Performance

The business has a 50 day moving average of $22.62 and a 200-day moving average of $25.76.

Institutional Trading of YieldMax MSTR Option Income Strategy ETF

A number of large investors have recently bought and sold shares of MSTY. Farther Finance Advisors LLC increased its stake in YieldMax MSTR Option Income Strategy ETF by 2,785.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,010 shares of the company’s stock worth $30,000 after purchasing an additional 975 shares in the last quarter. Strategic Advocates LLC bought a new stake in YieldMax MSTR Option Income Strategy ETF during the 3rd quarter worth approximately $41,000. Cornerstone Planning Group LLC increased its stake in YieldMax MSTR Option Income Strategy ETF by 16,788.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock worth $89,000 after purchasing an additional 3,022 shares in the last quarter. NewEdge Advisors LLC bought a new stake in YieldMax MSTR Option Income Strategy ETF during the 3rd quarter worth approximately $180,000. Finally, Sunbelt Securities Inc. bought a new stake in YieldMax MSTR Option Income Strategy ETF during the 3rd quarter worth approximately $216,000.

About YieldMax MSTR Option Income Strategy ETF

(Get Free Report)

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. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.

Further Reading

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