Worth Asset Management LLC Takes $386,000 Position in YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO)

Worth Asset Management LLC bought a new position in shares of YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 22,678 shares of the company’s stock, valued at approximately $386,000.

YieldMax XOM Option Income Strategy ETF Stock Up 0.7 %

Shares of XOMO opened at $17.35 on Friday. YieldMax XOM Option Income Strategy ETF has a 52-week low of $15.89 and a 52-week high of $19.12. The stock has a 50 day moving average price of $17.04 and a 200 day moving average price of $17.40.

YieldMax XOM Option Income Strategy ETF Company Profile

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.