YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Shares Down 6.4% – Here’s What Happened

Posted by Jared Coughlin on Feb 26th, 2025

YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY – Get Free Report)’s share price traded down 6.4% on Tuesday . The company traded as low as $9.40 and last traded at $9.73. 10,096,425 shares were traded during mid-day trading, an increase of 81% from the average session volume of 5,584,686 shares. The stock had previously closed at $10.40.

YieldMax COIN Option Income Strategy ETF Trading Down 6.4 %

The stock has a fifty day moving average of $12.99 and a two-hundred day moving average of $14.18.

Hedge Funds Weigh In On YieldMax COIN Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax COIN Option Income Strategy ETF stock. Arkadios Wealth Advisors bought a new position in shares of YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,000 shares of the company’s stock, valued at approximately $134,000. Arkadios Wealth Advisors owned approximately 0.06% of YieldMax COIN Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

YieldMax COIN Option Income Strategy ETF Company Profile

(Get Free Report)

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.