FNY Investment Advisers LLC Purchases 6,400 Shares of YieldMax MSTR Option Income Strategy ETF $MSTY

FNY Investment Advisers LLC grew its position in YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) by 355.6% during the second quarter, Holdings Channel reports. The institutional investor owned 8,200 shares of the company’s stock after acquiring an additional 6,400 shares during the quarter. FNY Investment Advisers LLC’s holdings in YieldMax MSTR Option Income Strategy ETF were worth $181,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Fiduciary Alliance LLC boosted its holdings in shares of YieldMax MSTR Option Income Strategy ETF by 99.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 75,767 shares of the company’s stock valued at $1,680,000 after buying an additional 37,773 shares in the last quarter. Argent Advisors Inc. boosted its holdings in shares of YieldMax MSTR Option Income Strategy ETF by 100.0% in the 1st quarter. Argent Advisors Inc. now owns 20,000 shares of the company’s stock valued at $407,000 after buying an additional 10,000 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the 1st quarter valued at about $375,000. ORG Partners LLC bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the 2nd quarter valued at about $191,000. Finally, Sound Income Strategies LLC bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the 2nd quarter valued at about $33,000.

YieldMax MSTR Option Income Strategy ETF Stock Down 5.9%

Shares of YieldMax MSTR Option Income Strategy ETF stock opened at $11.61 on Thursday. The company has a 50 day moving average price of $15.02 and a 200 day moving average price of $19.25. YieldMax MSTR Option Income Strategy ETF has a 52 week low of $11.43 and a 52 week high of $46.50.

YieldMax MSTR Option Income Strategy ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 16th were given a $0.6074 dividend. This represents a dividend yield of 27,158.0%. The ex-dividend date of this dividend was Thursday, October 16th.

About YieldMax MSTR Option Income Strategy ETF

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.