YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Sees Unusually-High Trading Volume – Still a Buy?

Shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXGet Free Report) saw unusually-high trading volume on Monday . Approximately 616,903 shares were traded during mid-day trading, a decline of 34% from the previous session’s volume of 939,745 shares.The stock last traded at $13.21 and had previously closed at $13.50.

YieldMax Universe Fund of Option Income ETF Price Performance

The firm’s 50 day moving average price is $15.51 and its 200-day moving average price is $16.88.

YieldMax Universe Fund of Option Income ETF Company Profile

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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.

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