YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Stock Price Down 0.7% – Should You Sell?

Shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXYGet Free Report) dropped 0.7% during mid-day trading on Thursday . The stock traded as low as $11.85 and last traded at $12.14. Approximately 758,465 shares changed hands during trading, a decline of 20% from the average daily volume of 945,997 shares. The stock had previously closed at $12.23.

YieldMax Gold Miners Option Income Strategy ETF Stock Performance

The firm has a 50 day moving average price of $13.70 and a two-hundred day moving average price of $15.55.

YieldMax Gold Miners Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.

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