Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Shares Down 11.2% – Here’s Why

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP)’s share price fell 11.2% during mid-day trading on Thursday . The company traded as low as $32.39 and last traded at $28.34. 1,678 shares changed hands during trading, The stock had previously closed at $31.90.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Trading Down 11.6 %

The company has a fifty day simple moving average of $31.95 and a two-hundred day simple moving average of $30.90.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 23rd were given a dividend of $0.70 per share. This is a positive change from Kurv Yield Premium Strategy Amazon (AMZN) ETF’s previous dividend of $0.35. The ex-dividend date was Thursday, January 23rd.

About Kurv Yield Premium Strategy Amazon (AMZN) ETF

The Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) 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 short-term fixed-income instruments.