OLD Mission Capital LLC Takes $556,000 Position in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY)

OLD Mission Capital LLC purchased a new position in shares of TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 22,167 shares of the company’s stock, valued at approximately $556,000. OLD Mission Capital LLC owned approximately 3.63% of TappAlpha SPY Growth & Daily Income ETF as of its most recent SEC filing.

TappAlpha SPY Growth & Daily Income ETF Stock Down 6.0 %

Shares of NASDAQ TSPY opened at $20.92 on Friday. TappAlpha SPY Growth & Daily Income ETF has a 1-year low of $20.85 and a 1-year high of $26.96. The company has a 50-day moving average of $24.43 and a two-hundred day moving average of $25.18.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, April 2nd were given a $0.2711 dividend. This represents a $3.25 annualized dividend and a yield of 15.55%. The ex-dividend date was Wednesday, April 2nd.

TappAlpha SPY Growth & Daily Income ETF Company Profile

The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options.