YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Shares Up 1.2% – Here’s Why

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO)’s share price shot up 1.2% during mid-day trading on Monday . The company traded as high as $14.45 and last traded at $14.38. 44,917 shares were traded during trading, an increase of 16% from the average session volume of 38,768 shares. The stock had previously closed at $14.21.

YieldMax XOM Option Income Strategy ETF Trading Up 1.2 %

The firm’s 50-day moving average price is $14.52 and its 200 day moving average price is $15.82.

Institutional Trading of YieldMax XOM Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax XOM Option Income Strategy ETF stock. Coppell Advisory Solutions LLC raised its holdings in shares of YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) by 140.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,519 shares of the company’s stock after purchasing an additional 3,806 shares during the quarter. Coppell Advisory Solutions LLC owned 0.57% of YieldMax XOM Option Income Strategy ETF worth $94,000 as of its most recent SEC filing.

About YieldMax XOM Option Income Strategy ETF

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.