Kurv Yield Premium Strategy Apple (AAPL) ETF (NYSEARCA:AAPY) Stock Price Down 2.6% – Should You Sell?

Kurv Yield Premium Strategy Apple (AAPL) ETF (NYSEARCA:AAPY) fell 2.6% during mid-day trading on Friday . The company traded as low as $23.03 and last traded at $23.05. 5,673 shares were traded during trading, a decline of 30% from the average session volume of 8,135 shares. The stock had previously closed at $23.67.

Kurv Yield Premium Strategy Apple (AAPL) ETF Stock Performance

The firm’s fifty day moving average is $24.72 and its 200 day moving average is $26.42.

Kurv Yield Premium Strategy Apple (AAPL) ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 23rd were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, January 23rd. This is a boost from Kurv Yield Premium Strategy Apple (AAPL) ETF’s previous dividend of $0.23.

About Kurv Yield Premium Strategy Apple (AAPL) ETF

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