YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTYGet Free Report) saw an uptick in trading volume on Friday . 3,689,923 shares were traded during mid-day trading, an increase of 75% from the previous session’s volume of 2,104,246 shares.The stock last traded at $22.29 and had previously closed at $22.61.

YieldMax MSTR Option Income Strategy ETF Price Performance

The firm’s 50-day moving average is $26.23 and its two-hundred day moving average is $27.98.

YieldMax MSTR Option Income Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, February 13th were given a dividend of $2.0216 per share. The ex-dividend date was Thursday, February 13th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MSTY. OLD Mission Capital LLC increased its position in YieldMax MSTR Option Income Strategy ETF by 302.1% during the fourth quarter. OLD Mission Capital LLC now owns 40,853 shares of the company’s stock valued at $1,075,000 after acquiring an additional 30,694 shares during the last quarter. Fiduciary Alliance LLC purchased a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at $786,000. Argent Advisors Inc. purchased a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at $263,000. Worth Asset Management LLC purchased a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at $207,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at $131,000.

YieldMax MSTR Option Income Strategy ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for YieldMax MSTR Option Income Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax MSTR Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.