Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Trading Down 20.1% – Here’s Why

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP)’s share price fell 20.1% on Friday . The company traded as low as $30.22 and last traded at $23.65. 2,155 shares traded hands during trading, a decline of 53% from the average session volume of 4,548 shares. The stock had previously closed at $29.60.

Kurv Yield Premium Strategy Google (GOOGL) ETF Stock Down 20.1 %

The firm has a 50 day moving average price of $27.62 and a 200-day moving average price of $28.51.

Kurv Yield Premium Strategy Google (GOOGL) ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 23rd were given a $0.45 dividend. The ex-dividend date was Thursday, January 23rd. This is a positive change from Kurv Yield Premium Strategy Google (GOOGL) ETF’s previous dividend of $0.29.

About Kurv Yield Premium Strategy Google (GOOGL) ETF

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