Defiance R2000 Enhanced Options Income ETF (NYSEARCA:IWMY) Shares Scheduled to Reverse Split on Thursday, August 1st

Defiance R2000 Enhanced Options Income ETF (NYSEARCA:IWMY) shares are scheduled to reverse split on Thursday, August 1st. The 1-3 reverse split was announced on Thursday, August 1st. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, August 1st.

Defiance R2000 Enhanced Options Income ETF Trading Up 1.1 %

Shares of Defiance R2000 Enhanced Options Income ETF stock opened at $14.37 on Friday. Defiance R2000 Enhanced Options Income ETF has a 1-year low of $13.72 and a 1-year high of $23.09. The company’s fifty day simple moving average is $14.46 and its 200-day simple moving average is $16.37.

Institutional Investors Weigh In On Defiance R2000 Enhanced Options Income ETF

A hedge fund recently bought a new stake in Defiance R2000 Enhanced Options Income ETF stock. AlphaMark Advisors LLC bought a new position in Defiance R2000 Enhanced Options Income ETF (NYSEARCA:IWMY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 14,101 shares of the company’s stock, valued at approximately $280,000.

About Defiance R2000 Enhanced Options Income ETF

The Defiance R2000 Enhanced Options Income ETF Defiance R2000 Enhanced Options Income ETF (IWMY) is an exchange-traded fund that mostly invests in small-cap stocks. IWMY, an actively managed ETF, uses an options selling strategy to attempt to provide capped enhanced daily income to the value of the Russell 2000 Index.