Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Trading Down 5.7% – Here’s What Happened

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) shares were down 5.7% during mid-day trading on Monday . The stock traded as low as $23.81 and last traded at $23.11. Approximately 18,059 shares were traded during mid-day trading, an increase of 150% from the average daily volume of 7,236 shares. The stock had previously closed at $24.51.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Trading Down 5.7 %

The company’s fifty day simple moving average is $27.48 and its two-hundred day simple moving average is $30.28.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Company Profile

The Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments.