Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Stock Jumps 0.3% – Here’s What Happened

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) rose 0.3% on Monday. The stock traded as high as $14.13 and last traded at $14.01. 3,587 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 5,750 shares. The stock had previously closed at $13.97.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Stock Performance

The firm has a 50-day moving average price of $16.82 and a two-hundred day moving average price of $21.04.

Institutional Investors Weigh In On Kurv Yield Premium Strategy Netflix (NFLX) ETF

A hedge fund recently bought a new position in Kurv Yield Premium Strategy Netflix (NFLX) ETF stock. Wellington Grp LLC acquired a new position in shares of Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 35,998 shares of the company’s stock, valued at approximately $1,790,000. Wellington Grp LLC owned 13.33% of Kurv Yield Premium Strategy Netflix (NFLX) ETF as of its most recent SEC filing.

About Kurv Yield Premium Strategy Netflix (NFLX) ETF

The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLP was launched on Oct 27, 2023 and is issued by Kurv.