Kurv Yield Premium Strategy Apple (AAPL) ETF (NYSEARCA:AAPY) Shares Down 0.2% – Here’s Why

Kurv Yield Premium Strategy Apple (AAPL) ETF (NYSEARCA:AAPY)’s stock price traded down 0.2% during trading on Thursday . The stock traded as low as $20.90 and last traded at $21.06. 3,412 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 5,933 shares. The stock had previously closed at $21.10.

Kurv Yield Premium Strategy Apple (AAPL) ETF Stock Performance

The business’s 50 day moving average price is $21.38 and its two-hundred day moving average price is $23.71.

Hedge Funds Weigh In On Kurv Yield Premium Strategy Apple (AAPL) ETF

A hedge fund recently bought a new stake in Kurv Yield Premium Strategy Apple (AAPL) ETF stock. OLD Mission Capital LLC purchased a new position in Kurv Yield Premium Strategy Apple (AAPL) ETF (NYSEARCA:AAPY) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,615 shares of the company’s stock, valued at approximately $249,000. OLD Mission Capital LLC owned about 5.90% of Kurv Yield Premium Strategy Apple (AAPL) ETF at the end of the most recent reporting period.

About Kurv Yield Premium Strategy Apple (AAPL) ETF

The Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments.