YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Sees Unusually-High Trading Volume – Time to Buy?

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) shares saw unusually-strong trading volume on Monday . Approximately 1,959,050 shares were traded during trading, a decline of 34% from the previous session’s volume of 2,982,986 shares.The stock last traded at $23.42 and had previously closed at $23.59.

YieldMax MSTR Option Income Strategy ETF Price Performance

The business’s 50-day simple moving average is $21.07 and its two-hundred day simple moving average is $27.32.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MSTY. Argent Advisors Inc. boosted its stake in shares of YieldMax MSTR Option Income Strategy ETF by 100.0% in the first quarter. Argent Advisors Inc. now owns 20,000 shares of the company’s stock worth $407,000 after acquiring an additional 10,000 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in YieldMax MSTR Option Income Strategy ETF during the 1st quarter worth $375,000. Fiduciary Alliance LLC grew its holdings in shares of YieldMax MSTR Option Income Strategy ETF by 27.2% during the first quarter. Fiduciary Alliance LLC now owns 37,994 shares of the company’s stock worth $772,000 after buying an additional 8,136 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of YieldMax MSTR Option Income Strategy ETF by 126.8% in the first quarter. AdvisorNet Financial Inc now owns 6,408 shares of the company’s stock valued at $130,000 after buying an additional 3,583 shares during the last quarter. Finally, OLD Mission Capital LLC lifted its stake in shares of YieldMax MSTR Option Income Strategy ETF by 302.1% in the fourth quarter. OLD Mission Capital LLC now owns 40,853 shares of the company’s stock worth $1,075,000 after buying an additional 30,694 shares in the last quarter.

YieldMax MSTR Option Income Strategy ETF Company Profile

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