YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report) was down 2% during mid-day trading on Thursday . The company traded as low as $12.49 and last traded at $12.57. Approximately 1,776,376 shares changed hands during trading, a decline of 61% from the average daily volume of 4,507,208 shares. The stock had previously closed at $12.83.
YieldMax NVDA Option Income Strategy ETF Trading Down 2.0%
The company’s 50-day moving average price is $13.20 and its 200 day moving average price is $13.65.
Hedge Funds Weigh In On YieldMax NVDA Option Income Strategy ETF
Several large investors have recently modified their holdings of the business. FNY Investment Advisers LLC purchased a new position in shares of YieldMax NVDA Option Income Strategy ETF during the 3rd quarter worth $40,000. Versant Capital Management Inc raised its holdings in YieldMax NVDA Option Income Strategy ETF by 36.4% in the 2nd quarter. Versant Capital Management Inc now owns 3,213 shares of the company’s stock valued at $40,000 after buying an additional 858 shares during the period. Jump Financial LLC acquired a new position in YieldMax NVDA Option Income Strategy ETF in the second quarter valued at about $773,000. Finally, Sunbelt Securities Inc. lifted its position in YieldMax NVDA Option Income Strategy ETF by 4.7% in the fourth quarter. Sunbelt Securities Inc. now owns 242,462 shares of the company’s stock valued at $3,542,000 after buying an additional 10,851 shares during the last quarter.
About YieldMax NVDA Option Income Strategy ETF
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. The actively managed fund uses both standardized exchange-traded and FLEX options. NVDY was launched on May 10, 2023 and is managed by Tidal.
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