YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY – Get Free Report) shot up 1% on Friday . The company traded as high as $25.89 and last traded at $25.73. 290,923 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 629,348 shares. The stock had previously closed at $25.47.
YieldMax Ultra Option Income Strategy ETF Price Performance
The company’s 50 day moving average price is $26.94 and its 200 day moving average price is $29.86. The firm has a market capitalization of $737.16 million, a P/E ratio of 40.09 and a beta of 1.45.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in YieldMax Ultra Option Income Strategy ETF stock. One Capital Management LLC bought a new position in shares of YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 202,507 shares of the company’s stock, valued at approximately $1,108,000.
About YieldMax Ultra Option Income Strategy ETF
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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