YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY – Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $38.60 and last traded at $38.8450, with a volume of 398293 shares traded. The stock had previously closed at $39.14.
YieldMax Ultra Option Income Strategy ETF Stock Down 1.2%
The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 40.09 and a beta of 1.74. The company’s fifty day simple moving average is $45.92 and its two-hundred day simple moving average is $54.91.
Hedge Funds Weigh In On YieldMax Ultra Option Income Strategy ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Nations Financial Group Inc. IA ADV acquired a new stake in YieldMax Ultra Option Income Strategy ETF during the 3rd quarter worth approximately $66,000. North Star Asset Management Inc. bought a new stake in shares of YieldMax Ultra Option Income Strategy ETF during the third quarter worth $136,000. SG Americas Securities LLC acquired a new stake in shares of YieldMax Ultra Option Income Strategy ETF during the third quarter worth $656,000. One Capital Management LLC bought a new stake in YieldMax Ultra Option Income Strategy ETF in the 3rd quarter valued at $1,108,000. Finally, OLD Mission Capital LLC lifted its position in YieldMax Ultra Option Income Strategy ETF by 341.7% in the 1st quarter. OLD Mission Capital LLC now owns 193,401 shares of the company’s stock valued at $1,170,000 after acquiring an additional 149,619 shares in the last quarter.
YieldMax Ultra Option Income Strategy ETF Company Profile
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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