YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Hits New 1-Year Low – Should You Sell?

YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONYGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $40.20 and last traded at $40.5660, with a volume of 111389 shares changing hands. The stock had previously closed at $40.50.

YieldMax COIN Option Income Strategy ETF Stock Down 0.2%

The stock’s fifty day moving average is $50.79 and its 200-day moving average is $68.98.

YieldMax COIN Option Income Strategy ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.932 dividend. This represents a dividend yield of 6,278.0%. The ex-dividend date was Friday, December 26th.

Institutional Investors Weigh In On YieldMax COIN Option Income Strategy ETF

Large investors have recently bought and sold shares of the business. ORG Partners LLC acquired a new position in shares of YieldMax COIN Option Income Strategy ETF during the third quarter worth approximately $26,000. Sound Income Strategies LLC bought a new position in shares of YieldMax COIN Option Income Strategy ETF during the second quarter worth $37,000. Arkadios Wealth Advisors bought a new position in shares of YieldMax COIN Option Income Strategy ETF during the 3rd quarter valued at about $91,000. OLD Mission Capital LLC acquired a new stake in shares of YieldMax COIN Option Income Strategy ETF during the first quarter worth $148,000. Finally, J.Safra Asset Management Corp bought a new stake in shares of YieldMax COIN Option Income Strategy ETF in the third quarter valued at about $202,000.

YieldMax COIN Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.

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