Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Shares of Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $26.23 and traded as high as $27.13. Kurv Yield Premium Strategy Amazon (AMZN) ETF shares last traded at $26.44, with a volume of 20,877 shares trading hands.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Stock Up 3.2%

The firm’s 50-day moving average price is $25.39 and its 200 day moving average price is $26.23.

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. The actively managed fund uses both standardized exchange-traded and FLEX options AMZP was launched on Oct 31, 2023 and is issued by Kurv.