Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Trading Down 0.1% – Here’s What Happened

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP)’s stock price fell 0.1% during trading on Wednesday . The company traded as low as $27.09 and last traded at $27.24. 11,387 shares traded hands during mid-day trading, The stock had previously closed at $27.2694.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Stock Up 0.6%

The stock has a 50 day moving average price of $31.89 and a 200-day moving average price of $36.10.

About Kurv Yield Premium Strategy Netflix (NFLX) ETF

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. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLP was launched on Oct 27, 2023 and is issued by Kurv.