YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Stock Price Up 0.4% – Here’s Why

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) shares shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $10.79 and last traded at $10.78. Approximately 174,584 shares were traded during trading, a decline of 64% from the average daily volume of 483,398 shares. The stock had previously closed at $10.74.

YieldMax AMZN Option Income Strategy ETF Price Performance

The company has a 50 day simple moving average of $11.49 and a two-hundred day simple moving average of $11.91.

Hedge Funds Weigh In On YieldMax AMZN Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax AMZN Option Income Strategy ETF stock. Captrust Financial Advisors bought a new stake in shares of YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,569 shares of the company’s stock, valued at approximately $253,000. Captrust Financial Advisors owned approximately 0.09% of YieldMax AMZN Option Income Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

About YieldMax AMZN Option Income Strategy ETF

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.