Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Stock Price Down 11.5% – Time to Sell?

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) fell 11.5% during mid-day trading on Thursday . The stock traded as low as $30.22 and last traded at $26.21. 2,155 shares were traded during mid-day trading, a decline of 47% from the average session volume of 4,095 shares. The stock had previously closed at $29.60.

Kurv Yield Premium Strategy Google (GOOGL) ETF Trading Down 10.7 %

The company has a fifty day simple moving average of $29.13 and a 200 day simple moving average of $28.80.

Kurv Yield Premium Strategy Google (GOOGL) ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, January 23rd. This is an increase from Kurv Yield Premium Strategy Google (GOOGL) ETF’s previous dividend of $0.29.

About Kurv Yield Premium Strategy Google (GOOGL) ETF

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