YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Shares Up 0.4% – Time to Buy?

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) shares traded up 0.4% during trading on Thursday . The stock traded as high as $10.79 and last traded at $10.78. Approximately 174,584 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 483,398 shares. The stock had previously closed at $10.74.

YieldMax AMZN Option Income Strategy ETF Stock Up 0.4%

The firm’s 50-day moving average price is $11.53 and its two-hundred day moving average price is $11.92.

Hedge Funds Weigh In On YieldMax AMZN Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax AMZN Option Income Strategy ETF stock. Captrust Financial Advisors acquired a new position in shares of YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 15,569 shares of the company’s stock, valued at approximately $253,000. Captrust Financial Advisors owned approximately 0.09% of YieldMax AMZN Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission.

About YieldMax AMZN Option Income Strategy ETF

The YieldMax AMZN Option Income Strategy ETF (AMZY) 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 US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.