Kurv Yield Premium Strategy Apple (AAPL) ETF (NYSEARCA:AAPY) Share Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Kurv Yield Premium Strategy Apple (AAPL) ETF (NYSEARCA:AAPYGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $27.43 and traded as high as $28.77. Kurv Yield Premium Strategy Apple (AAPL) ETF shares last traded at $28.49, with a volume of 1,337 shares.

Kurv Yield Premium Strategy Apple (AAPL) ETF Stock Performance

The stock has a 50-day simple moving average of $27.49 and a 200-day simple moving average of $27.02.

Kurv Yield Premium Strategy Apple (AAPL) ETF Company Profile

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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.

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