Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Trading 51.6% Higher – Here’s What Happened

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP)’s share price traded up 51.6% during mid-day trading on Wednesday . The stock traded as high as $25.81 and last traded at $38.95. 2,456 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 6,064 shares. The stock had previously closed at $25.6991.

Kurv Yield Premium Strategy Google (GOOGL) ETF Trading Up 51.4%

The firm’s 50-day moving average is $37.36 and its 200 day moving average is $32.03.

About Kurv Yield Premium Strategy Google (GOOGL) ETF

The Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Google stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. GOOP was launched on Oct 31, 2023 and is issued by Kurv.