YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Trading Up 1.3% – Time to Buy?

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY)’s share price shot up 1.3% during mid-day trading on Thursday . The stock traded as high as $10.06 and last traded at $10.01. Approximately 297,082 shares changed hands during trading, a decline of 67% from the average session volume of 901,644 shares. The stock had previously closed at $9.88.

YieldMax Gold Miners Option Income Strategy ETF Trading Up 0.3%

The business’s fifty day moving average price is $11.50 and its 200 day moving average price is $14.31.

Institutional Trading of YieldMax Gold Miners Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax Gold Miners Option Income Strategy ETF stock. FNY Investment Advisers LLC purchased a new position in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,000 shares of the company’s stock, valued at approximately $40,000.

YieldMax Gold Miners Option Income Strategy ETF Company Profile

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.