YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Reaches New 12-Month Low – Here’s Why

YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $8.28 and last traded at $8.4750, with a volume of 1991819 shares changing hands. The stock had previously closed at $8.37.

YieldMax Universe Fund of Option Income ETF Stock Up 1.5%

The stock has a 50-day simple moving average of $9.61 and a 200 day simple moving average of $11.22.

YieldMax Universe Fund of Option Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 19th. Shareholders of record on Wednesday, February 18th were given a $0.088 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a yield of 4,793.0%.

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

An institutional investor recently bought a new position in YieldMax Universe Fund of Option Income ETF stock. Winnow Wealth LLC purchased a new position in shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXFree Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 91,620 shares of the company’s stock, valued at approximately $1,191,000. YieldMax Universe Fund of Option Income ETF makes up about 0.9% of Winnow Wealth LLC’s investment portfolio, making the stock its 21st largest holding. Winnow Wealth LLC owned approximately 0.12% of YieldMax Universe Fund of Option Income ETF as of its most recent SEC filing.

YieldMax Universe Fund of Option Income ETF Company Profile

(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.

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