YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Shares Gap Down – Here’s Why

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTYGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $22.09, but opened at $20.95. YieldMax MSTR Option Income Strategy ETF shares last traded at $19.93, with a volume of 2,350,616 shares changing hands.

YieldMax MSTR Option Income Strategy ETF Trading Down 9.8 %

The stock’s 50-day moving average is $28.10 and its 200 day moving average is $28.21.

YieldMax MSTR Option Income Strategy ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, February 13th were paid a dividend of $2.0216 per share. The ex-dividend date of this dividend was Thursday, February 13th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. OLD Mission Capital LLC grew 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 worth $1,075,000 after buying an additional 30,694 shares in the last quarter. Fiduciary Alliance LLC bought a new position in shares of YieldMax MSTR Option Income Strategy ETF during the 4th quarter worth about $786,000. Argent Advisors Inc. acquired a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the 4th quarter valued at about $263,000. Worth Asset Management LLC bought a new stake in YieldMax MSTR Option Income Strategy ETF in the fourth quarter valued at about $207,000. Finally, FNY Investment Advisers LLC acquired a new position in YieldMax MSTR Option Income Strategy ETF in the fourth quarter worth about $131,000.

About YieldMax MSTR Option Income Strategy ETF

(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.

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