YieldMax META Option Income Strategy ETF (NYSEARCA:FBY – Get Free Report) shares fell 1.8% during mid-day trading on Wednesday . The company traded as low as $9.54 and last traded at $9.58. Approximately 91,951 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 164,099 shares. The stock had previously closed at $9.76.
YieldMax META Option Income Strategy ETF Price Performance
The firm has a 50-day simple moving average of $9.64 and a 200 day simple moving average of $10.78. The stock has a market capitalization of $93.88 million, a P/E ratio of 26.70 and a beta of 1.26.
About YieldMax META Option Income Strategy ETF
The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.
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