YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) Sees Unusually-High Trading Volume – Here’s What Happened

YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTYGet Free Report) saw unusually-strong trading volume on Friday . Approximately 42,625,436 shares changed hands during mid-day trading, an increase of 141% from the previous session’s volume of 17,711,029 shares.The stock last traded at $4.5250 and had previously closed at $4.54.

YieldMax Ultra Option Income Strategy ETF Stock Up 0.7%

The stock has a fifty day moving average of $5.33 and a two-hundred day moving average of $5.84. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 40.09 and a beta of 1.74.

Hedge Funds Weigh In On YieldMax Ultra Option Income Strategy ETF

Large investors have recently made changes to their positions in the stock. Nations Financial Group Inc. IA ADV acquired a new stake in shares of YieldMax Ultra Option Income Strategy ETF in the third quarter valued at about $66,000. SG Americas Securities LLC purchased a new position in YieldMax Ultra Option Income Strategy ETF in the third quarter valued at about $656,000. Finally, OLD Mission Capital LLC increased its holdings in YieldMax Ultra Option Income Strategy ETF by 341.7% in the first quarter. OLD Mission Capital LLC now owns 193,401 shares of the company’s stock valued at $1,170,000 after buying an additional 149,619 shares in the last quarter.

YieldMax Ultra Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.

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