Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Trading 26.2% Higher – Here’s What Happened

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOPGet Free Report) shot up 26.2% during mid-day trading on Wednesday . The company traded as high as $25.81 and last traded at $32.44. 2,456 shares were traded during trading, a decline of 59% from the average session volume of 6,064 shares. The stock had previously closed at $25.70.

Kurv Yield Premium Strategy Google (GOOGL) ETF Price Performance

The stock’s 50 day simple moving average is $30.23 and its two-hundred day simple moving average is $26.61.

About Kurv Yield Premium Strategy Google (GOOGL) ETF

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

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