Defiance S&P 500 Enhanced Options Income ETF Stock Scheduled to Reverse Split on Thursday, August 1st (NYSEARCA:JEPY)

Defiance S&P 500 Enhanced Options Income ETF (NYSEARCA:JEPY) shares are scheduled to reverse split before the market opens 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 S&P 500 Enhanced Options Income ETF Price Performance

NYSEARCA:JEPY opened at $15.98 on Wednesday. Defiance S&P 500 Enhanced Options Income ETF has a fifty-two week low of $15.71 and a fifty-two week high of $20.12. The firm’s 50 day moving average is $16.22 and its two-hundred day moving average is $16.96.

Hedge Funds Weigh In On Defiance S&P 500 Enhanced Options Income ETF

An institutional investor recently bought a new position in Defiance S&P 500 Enhanced Options Income ETF stock. JMG Financial Group Ltd. acquired a new stake in Defiance S&P 500 Enhanced Options Income ETF (NYSEARCA:JEPY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,148 shares of the company’s stock, valued at approximately $544,000.

Defiance S&P 500 Enhanced Options Income ETF Company Profile

The Defiance S&P 500 Enhanced Options Income ETF (JEPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund seeking to provide enhanced monthly income by placing bullish bets on the S&P 500 Index through a 0DTE put option writing strategy. The secondary objective of the fund is to seek limited exposure to the performance of the index.