YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Shares Up 0.1% – Still a Buy?

Shares of YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) rose 0.1% during trading on Friday . The company traded as high as $14.61 and last traded at $14.36. Approximately 30,352 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 55,178 shares. The stock had previously closed at $14.35.

YieldMax XOM Option Income Strategy ETF Stock Up 0.1 %

The business’s fifty day moving average price is $14.69 and its 200 day moving average price is $16.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in YieldMax XOM Option Income Strategy ETF stock. Coppell Advisory Solutions LLC boosted its holdings in YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) by 140.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,519 shares of the company’s stock after buying an additional 3,806 shares during the quarter. Coppell Advisory Solutions LLC owned approximately 0.57% of YieldMax XOM Option Income Strategy ETF worth $94,000 at the end of the most recent reporting period.

About YieldMax XOM Option Income Strategy ETF

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.