YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Reaches New 52-Week Low – What’s Next?

Shares of YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) reached a new 52-week low during trading on Friday . The company traded as low as $7.69 and last traded at $7.73, with a volume of 4220029 shares. The stock had previously closed at $8.34.

YieldMax COIN Option Income Strategy ETF Stock Down 7.3 %

The business’s 50 day moving average price is $10.87 and its two-hundred day moving average price is $13.20.

Institutional Trading of YieldMax COIN Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax COIN Option Income Strategy ETF stock. Captrust Financial Advisors purchased a new position in shares of YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,490 shares of the company’s stock, valued at approximately $137,000. Captrust Financial Advisors owned about 0.06% of YieldMax COIN Option Income Strategy ETF at the end of the most recent quarter.

About YieldMax COIN Option Income Strategy ETF

The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.