Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Stock Price Down 2.3% – Time to Sell?

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLPGet Free Report) shares traded down 2.3% during mid-day trading on Tuesday . The company traded as low as $37.19 and last traded at $37.32. 13,131 shares changed hands during trading, The stock had previously closed at $38.18.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Price Performance

The firm has a 50-day moving average of $34.70 and a 200 day moving average of $35.17.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

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

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