YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Sets New 1-Year Low – Here’s Why

YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $8.31 and last traded at $8.4850, with a volume of 1890459 shares trading hands. The stock had previously closed at $8.46.

YieldMax Universe Fund of Option Income ETF Stock Up 0.1%

The firm has a fifty day simple moving average of $9.83 and a two-hundred day simple moving average of $11.39.

YieldMax Universe Fund of Option Income ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 19th. Shareholders of record on Wednesday, February 18th will be given a dividend of $0.088 per share. This represents a yield of 4,461.0%. The ex-dividend date of this dividend is Wednesday, February 18th.

Institutional Investors Weigh In On YieldMax Universe Fund of Option Income ETF

A hedge fund recently bought a new stake in YieldMax Universe Fund of Option Income ETF stock. Virtue Capital Management LLC bought a new position in shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,930 shares of the company’s stock, valued at approximately $164,000.

About YieldMax Universe Fund of Option Income ETF

(Get Free Report)

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.

Further Reading

Receive News & Ratings for YieldMax Universe Fund of Option Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax Universe Fund of Option Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.