YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Shares Down 0.6% – Here’s What Happened

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY)’s share price dropped 0.6% on Monday . The stock traded as low as $14.14 and last traded at $14.20. Approximately 328,505 shares changed hands during mid-day trading, an increase of 103% from the average daily volume of 162,028 shares. The stock had previously closed at $14.29.

YieldMax GOOGL Option Income Strategy ETF Stock Down 0.6%

The firm’s 50-day moving average price is $13.51 and its two-hundred day moving average price is $12.60. The firm has a market capitalization of $152.93 million, a PE ratio of 23.63 and a beta of 0.27.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax GOOGL Option Income Strategy ETF stock. OLD Mission Capital LLC bought a new position in YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 36,830 shares of the company’s stock, valued at approximately $435,000. OLD Mission Capital LLC owned approximately 0.42% of YieldMax GOOGL Option Income Strategy ETF at the end of the most recent reporting period.

About YieldMax GOOGL Option Income Strategy ETF

The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.