Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Stock Price Down 16.1% – What’s Next?

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) shares dropped 16.1% on Friday . The company traded as low as $32.39 and last traded at $26.77. Approximately 1,678 shares were traded during trading, a decline of 74% from the average daily volume of 6,469 shares. The stock had previously closed at $31.90.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Stock Down 16.1 %

The firm’s fifty day moving average is $30.47 and its two-hundred day moving average is $30.82.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 23rd were paid a $0.70 dividend. This is a positive change from Kurv Yield Premium Strategy Amazon (AMZN) ETF’s previous dividend of $0.35. The ex-dividend date was Thursday, January 23rd.

About Kurv Yield Premium Strategy Amazon (AMZN) ETF

The Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) 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 short-term fixed-income instruments.