YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Stock Price Down 0.2% – Should You Sell?

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) was down 0.2% during trading on Wednesday . The company traded as low as $13.00 and last traded at $13.02. Approximately 54,029 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 44,872 shares. The stock had previously closed at $13.05.

YieldMax XOM Option Income Strategy ETF Trading Down 0.2%

The firm’s 50-day moving average is $12.78 and its two-hundred day moving average is $13.95.

Hedge Funds Weigh In On YieldMax XOM Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax XOM Option Income Strategy ETF stock. Coppell Advisory Solutions LLC increased its holdings in shares of YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) by 140.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,519 shares of the company’s stock after purchasing an additional 3,806 shares during the period. Coppell Advisory Solutions LLC owned approximately 0.57% of YieldMax XOM Option Income Strategy ETF worth $94,000 at the end of the most recent reporting period.

About YieldMax XOM Option Income Strategy ETF

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.