YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Trading Up 4.9% – What’s Next?

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTYGet Free Report)’s stock price rose 4.9% on Friday . The stock traded as high as $13.42 and last traded at $13.36. Approximately 365,385 shares traded hands during trading, a decline of 76% from the average daily volume of 1,500,003 shares. The stock had previously closed at $12.73.

YieldMax MSTR Option Income Strategy ETF Trading Up 0.8%

The stock’s 50-day simple moving average is $19.26 and its 200 day simple moving average is $23.41.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in YieldMax MSTR Option Income Strategy ETF by 2,785.7% in 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 during the period. Strategic Advocates LLC bought a new position in shares of YieldMax MSTR Option Income Strategy ETF in the 3rd quarter worth about $41,000. Cornerstone Planning Group LLC grew its stake in shares of YieldMax MSTR Option Income Strategy ETF by 16,788.9% in the 4th quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock worth $89,000 after buying an additional 3,022 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the third quarter worth $180,000. Finally, Sunbelt Securities Inc. bought a new position in YieldMax MSTR Option Income Strategy ETF in the 3rd quarter worth about $216,000.

YieldMax MSTR Option Income Strategy ETF Company Profile

(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.

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