Worth Asset Management LLC Buys New Holdings in YieldMax SQ Option Income Strategy ETF (NYSEARCA:SQY)

Worth Asset Management LLC purchased a new position in shares of YieldMax SQ Option Income Strategy ETF (NYSEARCA:SQY) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 21,145 shares of the company’s stock, valued at approximately $383,000.

YieldMax SQ Option Income Strategy ETF Stock Performance

SQY stock traded down $0.18 during midday trading on Wednesday, hitting $18.40. The company had a trading volume of 44,369 shares, compared to its average volume of 62,197. YieldMax SQ Option Income Strategy ETF has a 52 week low of $16.19 and a 52 week high of $25.51. The stock’s 50 day moving average price is $19.57 and its 200 day moving average price is $18.84.

About YieldMax SQ Option Income Strategy ETF

The YieldMax SQ Option Income Strategy ETF (SQY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Block stock (SQ) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.