JMG Financial Group Ltd. Makes New Investment in Defiance S&P 500 Enhanced Options Income ETF (NYSEARCA:JEPY)

JMG Financial Group Ltd. acquired a new stake in shares of Defiance S&P 500 Enhanced Options Income ETF (NYSEARCA:JEPY) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 30,148 shares of the company’s stock, valued at approximately $544,000.

Defiance S&P 500 Enhanced Options Income ETF Stock Up 0.4 %

JEPY traded up $0.06 during trading on Tuesday, reaching $16.66. The stock had a trading volume of 53,794 shares, compared to its average volume of 180,590. The business has a 50-day moving average of $17.34 and a 200-day moving average of $17.92. Defiance S&P 500 Enhanced Options Income ETF has a one year low of $16.46 and a one year high of $20.12.

Defiance S&P 500 Enhanced Options Income ETF 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.