YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) Sets New 1-Year Low – Here’s Why

YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $21.33 and last traded at $21.33, with a volume of 556,721 shares changing hands. The stock had previously closed at $21.55.

YieldMax Ultra Option Income Strategy ETF Stock Down 1.4%

The firm has a market capitalization of $577.17 million, a PE ratio of 28.43 and a beta of 1.47. The stock’s fifty day simple moving average is $24.80 and its 200 day simple moving average is $29.55.

About YieldMax Ultra Option Income Strategy ETF

(Get Free Report)

The YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.

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