Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Shares Down 11.5% – Here’s Why

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) traded down 11.5% on Thursday . The stock traded as low as $30.22 and last traded at $26.21. 2,155 shares changed hands during trading, a decline of 47% from the average session volume of 4,095 shares. The stock had previously closed at $29.60.

Kurv Yield Premium Strategy Google (GOOGL) ETF Trading Down 11.5 %

The firm’s fifty day moving average price is $29.21 and its two-hundred day moving average price is $28.82.

Kurv Yield Premium Strategy Google (GOOGL) ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 23rd were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, January 23rd. This is a positive change from Kurv Yield Premium Strategy Google (GOOGL) ETF’s previous dividend of $0.29.

Kurv Yield Premium Strategy Google (GOOGL) ETF Company Profile

The Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Google stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments.