Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Stock Price Down 1.1% – Time to Sell?

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) shares dropped 1.1% on Friday . The company traded as low as $32.31 and last traded at $32.60. Approximately 7,577 shares changed hands during mid-day trading, The stock had previously closed at $32.96.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Stock Performance

The company has a 50-day simple moving average of $31.60 and a 200-day simple moving average of $30.14.

About Kurv Yield Premium Strategy Amazon (AMZN) ETF

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