YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Shares Up 0.1% – Still a Buy?

Shares of YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) shot up 0.1% during trading on Friday . The stock traded as high as $14.61 and last traded at $14.36. 30,352 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 55,178 shares. The stock had previously closed at $14.35.

YieldMax XOM Option Income Strategy ETF Price Performance

The company’s 50 day moving average is $14.69 and its 200 day moving average is $16.12.

Hedge Funds Weigh In On YieldMax XOM Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax XOM Option Income Strategy ETF stock. Coppell Advisory Solutions LLC increased its position in shares of YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) by 140.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,519 shares of the company’s stock after purchasing an additional 3,806 shares during the quarter. Coppell Advisory Solutions LLC owned 0.57% of YieldMax XOM Option Income Strategy ETF worth $94,000 at the end of the most recent reporting period.

About YieldMax XOM Option Income Strategy ETF

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