YieldMax HOOD Option Income Strategy ETF (NYSEARCA:HOOY) Trading 5.8% Higher – Should You Buy?

YieldMax HOOD Option Income Strategy ETF (NYSEARCA:HOOY) was up 5.8% on Wednesday . The stock traded as high as $31.55 and last traded at $31.48. Approximately 117,617 shares traded hands during trading, a decline of 18% from the average daily volume of 143,732 shares. The stock had previously closed at $29.75.

YieldMax HOOD Option Income Strategy ETF Stock Up 5.8%

The stock has a fifty day simple moving average of $41.54 and a 200-day simple moving average of $56.35.

Hedge Funds Weigh In On YieldMax HOOD Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax HOOD Option Income Strategy ETF stock. J.Safra Asset Management Corp purchased a new stake in YieldMax HOOD Option Income Strategy ETF (NYSEARCA:HOOY) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,720 shares of the company’s stock, valued at approximately $282,000. J.Safra Asset Management Corp owned 0.10% of YieldMax HOOD Option Income Strategy ETF at the end of the most recent reporting period.

About YieldMax HOOD Option Income Strategy ETF

The YieldMax HOOD Option Income Strategy ETF (HOOY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Robinhood stock (HOOD) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. HOOY was launched on May 7, 2025 and is issued by YieldMax.