YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Trading 1.1% Higher – Still a Buy?

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY)’s share price traded up 1.1% during trading on Tuesday . The company traded as high as $14.28 and last traded at $14.28. 646,165 shares were traded during trading, a decline of 34% from the average session volume of 975,911 shares. The stock had previously closed at $14.13.

YieldMax Gold Miners Option Income Strategy ETF Stock Performance

The business has a fifty day moving average of $15.77 and a 200 day moving average of $16.25.

Hedge Funds Weigh In On YieldMax Gold Miners Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax Gold Miners Option Income Strategy ETF stock. CoreCap Advisors LLC bought a new stake in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,693 shares of the company’s stock, valued at approximately $48,000.

YieldMax Gold Miners Option Income Strategy ETF Company Profile

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.