YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Hits New 12-Month Low – Should You Sell?

YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) hit a new 52-week low on Monday . The company traded as low as $15.53 and last traded at $15.65, with a volume of 1785370 shares trading hands. The stock had previously closed at $16.06.

YieldMax Universe Fund of Option Income ETF Stock Down 1.5 %

The stock has a 50 day simple moving average of $16.92 and a two-hundred day simple moving average of $17.46.

YieldMax Universe Fund of Option Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, February 13th were paid a dividend of $0.1807 per share. The ex-dividend date was Thursday, February 13th. This is a boost from YieldMax Universe Fund of Option Income ETF’s previous dividend of $0.17.

YieldMax Universe Fund of Option Income ETF Company Profile

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy.