YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Trading Down 5.6% – What’s Next?

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) shares traded down 5.6% during trading on Wednesday . The stock traded as low as $7.96 and last traded at $7.8260. 2,225,304 shares were traded during trading, a decline of 75% from the average session volume of 8,961,090 shares. The stock had previously closed at $8.29.

YieldMax MSTR Option Income Strategy ETF Trading Down 8.9%

The firm’s fifty day simple moving average is $12.57 and its 200-day simple moving average is $17.66.

YieldMax MSTR Option Income Strategy ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 14th. Shareholders of record on Thursday, November 13th were paid a $0.6074 dividend. This represents a yield of 10,113.0%. The ex-dividend date of this dividend was Thursday, November 13th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MSTY. Versant Capital Management Inc raised its position in YieldMax MSTR Option Income Strategy ETF by 92.0% in the 3rd quarter. Versant Capital Management Inc now owns 2,218 shares of the company’s stock valued at $31,000 after buying an additional 1,063 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in shares of YieldMax MSTR Option Income Strategy ETF by 29.8% in the third quarter. AdvisorNet Financial Inc now owns 4,898 shares of the company’s stock valued at $68,000 after acquiring an additional 1,124 shares in the last quarter. Sound Income Strategies LLC bought a new position in shares of YieldMax MSTR Option Income Strategy ETF in the second quarter valued at approximately $33,000. CoreCap Advisors LLC increased its position in shares of YieldMax MSTR Option Income Strategy ETF by 49.9% during the 3rd quarter. CoreCap Advisors LLC now owns 7,251 shares of the company’s stock valued at $101,000 after purchasing an additional 2,413 shares during the last quarter. Finally, FNY Investment Advisers LLC increased its position in YieldMax MSTR Option Income Strategy ETF by 355.6% in the second quarter. FNY Investment Advisers LLC now owns 8,200 shares of the company’s stock worth $181,000 after buying an additional 6,400 shares during the last quarter.

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.