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

Defiance R2000 Enhanced Options Income ETF (NYSEARCA:IWMY) shares are going 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 Stock Up 1.1 %

NYSEARCA IWMY opened at $14.37 on Friday. Defiance R2000 Enhanced Options Income ETF has a 12-month low of $13.72 and a 12-month high of $23.09. The company has a fifty day simple moving average of $14.46 and a two-hundred day simple moving average of $16.37.

Institutional Trading of Defiance R2000 Enhanced Options Income ETF

An institutional investor recently raised its position in Defiance R2000 Enhanced Options Income ETF stock. AlphaMark Advisors LLC raised its holdings in shares of Defiance R2000 Enhanced Options Income ETF (NYSEARCA:IWMY) by 50.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,181 shares of the company’s stock after acquiring an additional 7,080 shares during the period. AlphaMark Advisors LLC’s holdings in Defiance R2000 Enhanced Options Income ETF were worth $379,000 at the end of the most recent quarter.

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.