YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) Price, Holdings, & News

ETF Overview

The YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is a fund-of-funds that invests in seven mega-cap ETFs considered to be driving the market through technology. The underlying ETFs seek to provide current income and capped gains of these stocks through a synthetic covered call strategy. YMAG was launched on Jan 29, 2024 and is issued by YieldMax.

Key Stats

• Today's Range: $15.02 to $15.24
• 50-Day Range: $13.35 to $16.05
• 52-Week Range: $12.85 to $21.91
• Volume: 786,300 shs
• Average Volume: 538,256 shs
• Market Capitalization: $315.17 million
• Assets Under Management: $338.65 million
• Dividend Yield: 48.87%
• Net Expense Ratio: 1.28%
• Aggregate Rating: N/A

YMAG ETF - Frequently Asked Questions

How have YMAG shares performed this year?

YieldMax Magnificent 7 Fund of Option Income ETF's stock was trading at $19.25 at the beginning of the year. Since then, YMAG shares have decreased by 21.7% and is now trading at $15.08.
View the best growth stocks for 2025 here.

Who are YieldMax Magnificent 7 Fund of Option Income ETF's major shareholders?

YieldMax Magnificent 7 Fund of Option Income ETF's top institutional shareholders include OLD Mission Capital LLC (0.16%).

How do I buy shares of YieldMax Magnificent 7 Fund of Option Income ETF?

Shares of YMAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of YieldMax Magnificent 7 Fund of Option Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that YieldMax Magnificent 7 Fund of Option Income ETF investors own include JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), YieldMax COIN Option Income Strategy ETF (CONY), REX FANG & Innovation Equity Premium Income ETF (FEPI), YieldMax NVDA Option Income Strategy ETF (NVDY), Realty Income (O), JPMorgan Equity Premium Income ETF (JEPI) and Rithm Capital (RITM).

Fund Details

• Issuer: Elevate Shares
• Fund Name: YieldMax Magnificent 7 Fund of Option Income ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:YMAG
• Inception Date: 1/29/2024
• Fund Manager: Mick Brokaw, Jay Pestrichelli, Qiao Duan, Charles Ragauss, Michael Venuto
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Theme
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 9

Fund Statistics

• Assets Under Management: $338.65 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.02%

Administrator, Advisor and Custodian

• Administrator: Tidal ETF Services LLC
• Advisor: Tidal Investments LLC
• Custodian: U.S. Bank, N.A.
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: U.S. Bancorp Fund Services, LLC
• Trustee: N/A
• Lead Market Maker: Old Mission

Options

• Optionable: Optionable
• Options Volume: 75
• Put Options: 26
• Call Options: 49
• Short Interest: 1,320,000 shs

Miscellaneous

• Outstanding Shares: 20,900,000
• Beta: 1.44
• Creation Fee: $300.00