Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Shares Down 0.9% – Here’s What Happened

Shares of Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) dropped 0.9% during mid-day trading on Friday . The company traded as low as $19.54 and last traded at $19.59. 3,688 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 6,051 shares. The stock had previously closed at $19.77.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Stock Down 0.9%

The company has a fifty day moving average of $18.34 and a 200 day moving average of $22.30.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLP was launched on Oct 27, 2023 and is issued by Kurv.