Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Shares Up 3.4% – Here’s Why

Shares of Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) rose 3.4% on Monday . The company traded as high as $32.66 and last traded at $32.97. Approximately 1,678 shares were traded during mid-day trading, The stock had previously closed at $31.90.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Stock Up 3.4 %

The company has a 50 day simple moving average of $32.29 and a 200-day simple moving average of $30.29.

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.