Worth Asset Management LLC Buys Shares of 25,355 YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY)

Worth Asset Management LLC purchased a new stake in YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 25,355 shares of the company’s stock, valued at approximately $454,000. Worth Asset Management LLC owned 2.90% of YieldMax PYPL Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax PYPL Option Income Strategy ETF Trading Down 0.6 %

NYSEARCA PYPY traded down $0.10 during trading hours on Wednesday, reaching $17.91. The company had a trading volume of 38,064 shares, compared to its average volume of 66,385. The stock has a 50-day moving average of $18.43 and a 200 day moving average of $17.85. YieldMax PYPL Option Income Strategy ETF has a 1-year low of $15.56 and a 1-year high of $20.50.

YieldMax PYPL Option Income Strategy ETF Company Profile

The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.