YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Trading Down 3.5% – Here’s Why

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY)’s stock price fell 3.5% during mid-day trading on Tuesday . The company traded as low as $26.28 and last traded at $26.32. 7,294,368 shares changed hands during mid-day trading, an increase of 56% from the average session volume of 4,682,921 shares. The stock had previously closed at $27.27.

YieldMax MSTR Option Income Strategy ETF Stock Down 3.5 %

The stock’s fifty day moving average is $30.12 and its 200-day moving average is $28.32.

Institutional Investors Weigh In On YieldMax MSTR Option Income Strategy ETF

A number of large investors have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new position in shares of YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at about $74,000. FNY Investment Advisers LLC bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at approximately $131,000. Worth Asset Management LLC acquired a new position in YieldMax MSTR Option Income Strategy ETF in the fourth quarter valued at approximately $207,000. Fiduciary Alliance LLC acquired a new position in YieldMax MSTR Option Income Strategy ETF in the fourth quarter valued at approximately $786,000. Finally, Argent Advisors Inc. acquired a new position in YieldMax MSTR Option Income Strategy ETF in the fourth quarter valued at approximately $263,000.

YieldMax MSTR Option Income Strategy ETF Company Profile

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.