YieldMax Ultra Option Income Strategy ETF Stock to Reverse Split on Monday, December 1st (NYSEARCA:ULTY)

YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY)’s stock is scheduled to reverse split before the market opens on Monday, December 1st. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 30th.

YieldMax Ultra Option Income Strategy ETF Trading Down 0.7%

Shares of NYSEARCA:ULTY opened at $4.09 on Wednesday. The company has a market cap of $2.15 billion, a PE ratio of 40.09 and a beta of 1.74. YieldMax Ultra Option Income Strategy ETF has a 12-month low of $4.05 and a 12-month high of $10.27. The stock has a 50 day moving average of $5.16 and a 200 day moving average of $5.76.

Institutional Trading of YieldMax Ultra Option Income Strategy ETF

Institutional investors have recently made changes to their positions in the business. One Capital Management LLC bought a new stake in YieldMax Ultra Option Income Strategy ETF in the 3rd quarter valued at $1,108,000. OLD Mission Capital LLC lifted its stake in YieldMax Ultra Option Income Strategy ETF by 341.7% in the first quarter. OLD Mission Capital LLC now owns 193,401 shares of the company’s stock worth $1,170,000 after purchasing an additional 149,619 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of YieldMax Ultra Option Income Strategy ETF during the 3rd quarter worth approximately $656,000. North Star Asset Management Inc. purchased a new stake in YieldMax Ultra Option Income Strategy ETF in the 3rd quarter valued at about $136,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in shares of YieldMax Ultra Option Income Strategy ETF in the 3rd quarter worth $66,000.

About YieldMax Ultra Option Income Strategy ETF

The YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.