Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Trading Down 1.9% – What’s Next?

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) shares fell 1.9% on Wednesday . The company traded as low as $27.74 and last traded at $28.36. 10,793 shares traded hands during trading, an increase of 10% from the average session volume of 9,784 shares. The stock had previously closed at $28.91.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Stock Down 1.9%

The business has a 50 day moving average of $28.72 and a 200-day moving average of $29.02.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 16th. Investors of record on Wednesday, October 15th were given a dividend of $0.50 per share. This represents a c) annualized dividend and a yield of 21.2%. The ex-dividend date of this dividend was Wednesday, October 15th.

About Kurv Yield Premium Strategy Amazon (AMZN) ETF

The Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options AMZP was launched on Oct 31, 2023 and is issued by Kurv.