YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) Hits New 12-Month Low – Should You Sell?

Shares of YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDYGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $14.72 and last traded at $14.93, with a volume of 464251 shares trading hands. The stock had previously closed at $15.61.

YieldMax NVDA Option Income Strategy ETF Stock Performance

The firm’s 50 day moving average price is $18.27 and its 200 day moving average price is $22.27.

Institutional Investors Weigh In On YieldMax NVDA Option Income Strategy ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB bought a new stake in shares of YieldMax NVDA Option Income Strategy ETF during the 4th quarter valued at about $58,000. Sunbelt Securities Inc. lifted its holdings in YieldMax NVDA Option Income Strategy ETF by 39.9% in the third quarter. Sunbelt Securities Inc. now owns 177,744 shares of the company’s stock worth $4,259,000 after buying an additional 50,734 shares during the period. Westend Capital Management LLC boosted its position in YieldMax NVDA Option Income Strategy ETF by 131.6% during the 4th quarter. Westend Capital Management LLC now owns 32,584 shares of the company’s stock valued at $761,000 after acquiring an additional 18,512 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of YieldMax NVDA Option Income Strategy ETF during the 4th quarter worth approximately $70,000. Finally, Brown Brothers Harriman & Co. bought a new position in shares of YieldMax NVDA Option Income Strategy ETF in the 4th quarter worth approximately $47,000.

About YieldMax NVDA Option Income Strategy ETF

(Get Free Report)

The YieldMax NVDA Option Income Strategy ETF (NVDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Nvidia stock (NVDA) through a synthetic covered call strategy, collateralized by cash and US Treasurys.

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