Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Shares Up 1.4% – What’s Next?

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) shares rose 1.4% on Friday . The stock traded as high as $23.96 and last traded at $23.96. Approximately 52,720 shares traded hands during mid-day trading, an increase of 53% from the average daily volume of 34,434 shares. The stock had previously closed at $23.63.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Stock Up 1.4%

The stock’s 50 day moving average is $26.88 and its 200 day moving average is $28.31.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 12th. Investors of record on Wednesday, February 11th were issued a dividend of $0.50 per share. This represents a c) annualized dividend and a yield of 25.0%. The ex-dividend date of this dividend was Wednesday, February 11th.

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.