Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Trading Down 1.6% – Time to Sell?

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLPGet Free Report) shares were down 1.6% on Tuesday . The stock traded as low as $37.31 and last traded at $37.38. Approximately 4,122 shares were traded during mid-day trading, The stock had previously closed at $37.98.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Stock Up 0.5%

The company’s 50 day moving average price is $38.66 and its two-hundred day moving average price is $37.36.

About Kurv Yield Premium Strategy Netflix (NFLX) ETF

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

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