YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Trading Up 1.3% – Time to Buy?

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) rose 1.3% on Thursday . The stock traded as high as $10.06 and last traded at $10.01. Approximately 297,082 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 901,644 shares. The stock had previously closed at $9.88.

YieldMax Gold Miners Option Income Strategy ETF Trading Up 1.3%

The firm has a fifty day moving average of $11.55 and a 200 day moving average of $14.34.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax Gold Miners Option Income Strategy ETF stock. FNY Investment Advisers LLC purchased a new position in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,000 shares of the company’s stock, valued at approximately $40,000.

About YieldMax Gold Miners Option Income Strategy ETF

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.