Virtue Capital Management LLC Acquires New Stake in Tidal Trust II Defiance S&P 500 $SPYT

Virtue Capital Management LLC bought a new stake in shares of Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 113,879 shares of the company’s stock, valued at approximately $1,959,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ZEGA Investments LLC purchased a new position in shares of Tidal Trust II Defiance S&P 500 in the second quarter valued at approximately $261,000. Wealthcare Advisory Partners LLC increased its position in shares of Tidal Trust II Defiance S&P 500 by 9.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 22,354 shares of the company’s stock worth $392,000 after purchasing an additional 1,915 shares in the last quarter. Redwood Family Wealth LLC increased its position in shares of Tidal Trust II Defiance S&P 500 by 3.7% during the third quarter. Redwood Family Wealth LLC now owns 32,655 shares of the company’s stock worth $562,000 after purchasing an additional 1,179 shares in the last quarter. Corient Private Wealth LP increased its position in shares of Tidal Trust II Defiance S&P 500 by 57.0% during the second quarter. Corient Private Wealth LP now owns 27,408 shares of the company’s stock worth $578,000 after purchasing an additional 9,946 shares in the last quarter. Finally, PFG Investments LLC raised its stake in Tidal Trust II Defiance S&P 500 by 85.3% in the 1st quarter. PFG Investments LLC now owns 37,092 shares of the company’s stock valued at $605,000 after purchasing an additional 17,078 shares during the last quarter.

Tidal Trust II Defiance S&P 500 Stock Performance

Shares of SPYT stock opened at $16.69 on Monday. The stock’s fifty day moving average is $17.14 and its two-hundred day moving average is $17.23. The firm has a market capitalization of $165.23 million, a P/E ratio of 24.43 and a beta of 0.87. Tidal Trust II Defiance S&P 500 has a fifty-two week low of $15.77 and a fifty-two week high of $18.58.

Tidal Trust II Defiance S&P 500 Company Profile

The Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance. SPYT was launched on Mar 7, 2024 and is issued by Defiance.