YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Sets New 1-Year Low – What’s Next?

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTYGet Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $14.64 and last traded at $14.69, with a volume of 1385159 shares trading hands. The stock had previously closed at $15.39.

YieldMax MSTR Option Income Strategy ETF Stock Performance

The firm’s 50-day moving average price is $21.77 and its 200 day moving average price is $24.88.

Institutional Trading of YieldMax MSTR Option Income Strategy ETF

A number of institutional investors and hedge funds have recently modified their holdings of MSTY. FNY Investment Advisers LLC increased its stake in YieldMax MSTR Option Income Strategy ETF by 178.0% in the third quarter. FNY Investment Advisers LLC now owns 22,800 shares of the company’s stock valued at $318,000 after purchasing an additional 14,600 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the 3rd quarter valued at about $216,000. Captrust Financial Advisors acquired a new stake in YieldMax MSTR Option Income Strategy ETF in the 2nd quarter valued at approximately $341,000. NewEdge Advisors LLC acquired a new stake in shares of YieldMax MSTR Option Income Strategy ETF in the third quarter valued at approximately $180,000. Finally, Cornerstone Planning Group LLC lifted its position in YieldMax MSTR Option Income Strategy ETF by 16,788.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock worth $89,000 after buying an additional 3,022 shares in the last quarter.

About YieldMax MSTR Option Income Strategy ETF

(Get Free Report)

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. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.

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