GraniteShares YieldBoost QBTS ETF logo

GraniteShares YieldBoost QBTS ETF (QBY)

Market Closed
12 Aug, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
6. 71
+0.05
+0.7508%
After Hours
$
7. 00
+0.29 +4.3219%
241.1K Market Cap
8.66% Div Yield
11,649 Volume
$ 6.66
Previous Close
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Day Range
6.65 6.76
Year Range
6.63 23.63
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Summary

QBY closed today higher at $6.71, an increase of 0.7508% from yesterday's close, completing a monthly increase of 0.1493% or $0.01. Over the past 12 months, QBY stock lost -64.7213%.
QBY pays dividends to its shareholders, with the most recent payment made on Yesterday at 12:00 AM. The next estimated payment will be in 1 day ago on Yesterday at 12:00 AM for a total of $0.11195.
The stock of the company had never split.
The company's stock is traded on one exchange.

QBY Chart

GraniteShares YieldBoost QBTS ETF (QBY) FAQ

What is the stock price today?

The current price is $6.71.

On which exchange is it traded?

GraniteShares YieldBoost QBTS ETF is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is QBY.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 8.66%.

What is its market cap?

As of today, the market cap is 241.1K.

Has GraniteShares YieldBoost QBTS ETF ever had a stock split?

No, there has never been a stock split.

GraniteShares YieldBoost QBTS ETF Profile

NASDAQ (NMS) Exchange
US Country

Overview

The Fund is structured with a primary focus on amplifying income through the strategic selling of options related to D-Wave Quantum, Inc. (NASDAQ QBTS). The primary investment strategy aims to achieve a remarkable 200% of the income generated from these options trades. To facilitate this, the Fund engages in trading options on leveraged exchange-traded funds that are tailored to deliver double the daily performance of the Underlying Stock. This approach not only seeks to provide high returns but also enhances the overall investment profile of stakeholders.

Additionally, the Fund has set secondary investment objectives that involve gaining exposure to the performance of these leveraged ETFs, albeit with a defined limit on potential gains from investments. The implementation of downside protection measures is also a consideration, aimed at mitigating risks that may influence net income levels. The strategic framework of the Fund is designed to capitalize on opportunities in the market while ensuring a level of protection for investors against adverse market movements.

Products and Services

  • Options Selling on D-Wave Quantum, Inc.

    This core service centers around the selling of options associated with D-Wave Quantum, Inc. (NASDAQ QBTS). The Fund aims to generate significant income by leveraging market opportunities in this sector, taking advantage of volatility and market movements to enhance income levels.

  • Investments in Leveraged ETFs

    The Fund invests in leveraged exchange-traded funds specifically designed to achieve 200% of the daily performance of the Underlying Stock. This strategy allows the Fund to increase potential returns, targeting an aggressive growth strategy while maintaining alignment with the underlying stock’s performance.

  • Downside Protection Strategies

    The implementation of downside protection is a critical service aimed at reducing exposure to potential market downturns. The Fund evaluates and employs various protective measures, which may include hedging strategies to safeguard the income level and reduce volatility, thus offering a layer of security for investors.

  • Cap on Potential Gains

    As part of its secondary investment objective, the Fund introduces a cap on potential investment gains. This policy ensures that while significant upside potential is pursued, there are limitations in place to govern profit-taking scenarios, allowing for structured and responsible growth of investments.

Contact Information

Address: 205 Hudson Street, 7th Floor
Phone: 1-844-476-8747