YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Sets New 1-Year Low – Should You Sell?

Shares of YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONYGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $5.84 and last traded at $6.0050, with a volume of 2522388 shares. The stock had previously closed at $6.12.

YieldMax COIN Option Income Strategy ETF Price Performance

The firm’s fifty day moving average is $6.85 and its two-hundred day moving average is $7.83.

YieldMax COIN Option Income Strategy ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, October 31st. Investors of record on Thursday, October 30th were issued a $0.0932 dividend. The ex-dividend date of this dividend was Thursday, October 30th. This represents a yield of 11,541.0%.

Institutional Investors Weigh In On YieldMax COIN Option Income Strategy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. ORG Partners LLC bought a new stake in YieldMax COIN Option Income Strategy ETF in the third quarter worth about $26,000. Sound Income Strategies LLC bought a new stake in YieldMax COIN Option Income Strategy ETF in the second quarter worth about $37,000. Arkadios Wealth Advisors bought a new stake in YieldMax COIN Option Income Strategy ETF in the third quarter worth about $91,000. OLD Mission Capital LLC bought a new stake in YieldMax COIN Option Income Strategy ETF in the first quarter worth about $148,000. Finally, J.Safra Asset Management Corp bought a new stake in YieldMax COIN Option Income Strategy ETF in the third quarter worth about $202,000.

About YieldMax COIN Option Income Strategy ETF

(Get Free Report)

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.

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