YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY – Get Free Report) shares traded down 2.4% on Friday . The stock traded as low as $17.87 and last traded at $17.94. Approximately 277,012 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 448,134 shares. The stock had previously closed at $18.39.
YieldMax COIN Option Income Strategy ETF Stock Performance
The business’s 50-day moving average price is $19.79 and its 200-day moving average price is $24.85.
Institutional Trading of YieldMax COIN Option Income Strategy ETF
A hedge fund recently raised its position in YieldMax COIN Option Income Strategy ETF stock. Captrust Financial Advisors grew its stake in YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY – Free Report) by 63.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,865 shares of the company’s stock after buying an additional 13,949 shares during the quarter. Captrust Financial Advisors’ holdings in YieldMax COIN Option Income Strategy ETF were worth $327,000 as of its most recent SEC filing.
YieldMax COIN Option Income Strategy ETF Company Profile
The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.
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