YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Hits New 52-Week Low – What’s Next?

YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY)’s stock price reached a new 52-week low on Monday . The stock traded as low as $8.88 and last traded at $8.77, with a volume of 1412724 shares changing hands. The stock had previously closed at $9.50.

YieldMax COIN Option Income Strategy ETF Trading Up 6.9 %

The business’s 50-day moving average price is $12.08 and its two-hundred day moving average price is $13.72.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax COIN Option Income Strategy ETF stock. Captrust Financial Advisors purchased a new stake in YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,490 shares of the company’s stock, valued at approximately $137,000. Captrust Financial Advisors owned 0.06% of YieldMax COIN Option Income Strategy ETF as of its most recent SEC filing.

About YieldMax COIN Option Income Strategy ETF

The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.