Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Trading Down 0.5% – Here’s Why

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLPGet Free Report) shares dropped 0.5% on Wednesday . The stock traded as low as $37.47 and last traded at $37.72. Approximately 5,380 shares traded hands during mid-day trading, The stock had previously closed at $37.90.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Stock Down 1.1%

The company’s fifty day simple moving average is $37.67 and its 200-day simple moving average is $37.49.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

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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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