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)’s stock is going to reverse split on the morning of 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 R2000 Enhanced Options Income ETF Price Performance

Shares of NYSEARCA IWMY opened at $14.30 on Tuesday. Defiance R2000 Enhanced Options Income ETF has a 1-year low of $13.72 and a 1-year high of $23.09. The stock’s 50-day moving average is $14.44 and its 200 day moving average is $16.31.

Hedge Funds Weigh In On Defiance R2000 Enhanced Options Income ETF

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

Defiance R2000 Enhanced Options Income ETF Company Profile

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.