Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Trading Down 1.7% – Here’s What Happened

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLPGet Free Report) dropped 1.7% during trading on Monday . The stock traded as low as $34.50 and last traded at $34.85. Approximately 3,955 shares changed hands during trading, The stock had previously closed at $35.44.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Price Performance

The stock has a 50-day moving average of $35.07 and a two-hundred day moving average of $32.57.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

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The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments.

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