Defiance Nasdaq 100 Enhanced Options Income ETF Stock Set to Reverse Split on Thursday, August 1st (NASDAQ:QQQY)

Defiance Nasdaq 100 Enhanced Options Income ETF (NASDAQ:QQQY)’s stock is set 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 market closes on Thursday, August 1st.

Defiance Nasdaq 100 Enhanced Options Income ETF Trading Up 1.1 %

NASDAQ:QQQY opened at $13.93 on Friday. The firm’s fifty day moving average price is $14.72 and its 200 day moving average price is $15.82. Defiance Nasdaq 100 Enhanced Options Income ETF has a 1-year low of $13.72 and a 1-year high of $20.18.

Defiance Nasdaq 100 Enhanced Options Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a $0.6573 dividend. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new position in Defiance Nasdaq 100 Enhanced Options Income ETF during the 4th quarter worth approximately $197,000. Kingswood Wealth Advisors LLC acquired a new position in Defiance Nasdaq 100 Enhanced Options Income ETF during the fourth quarter worth $202,000. Finally, JMG Financial Group Ltd. purchased a new position in Defiance Nasdaq 100 Enhanced Options Income ETF in the fourth quarter worth $642,000.

About Defiance Nasdaq 100 Enhanced Options Income ETF

The Defiance Nasdaq 100 Enhanced Options Income ETF Defiance Nasdaq 100 Enhanced Option Income ETF (QQQY) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide monthly income by actively placing bullish bets on the Nasdaq-100 Index through a 0DTE put option writing strategy.