YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Stock Price Down 1.2% – Here’s What Happened

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) traded down 1.2% on Thursday . The stock traded as low as $16.39 and last traded at $16.39. Approximately 142,428 shares were traded during mid-day trading, a decline of 21% from the average session volume of 180,069 shares. The stock had previously closed at $16.59.

YieldMax TSM Option Income Strategy ETF Trading Down 1.2%

The stock has a 50 day moving average price of $16.78 and a two-hundred day moving average price of $16.34.

Institutional Trading of YieldMax TSM Option Income Strategy ETF

A hedge fund recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. bought a new position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned about 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent quarter.

About YieldMax TSM Option Income Strategy ETF

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.