Blue Chip Partners LLC Sells 259 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Blue Chip Partners LLC cut its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 1.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,241 shares of the company’s stock after selling 259 shares during the period. Blue Chip Partners LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $877,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Providence Capital Advisors LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $25,000. Cornerstone Planning Group LLC acquired a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $39,000. NBC Securities Inc. acquired a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $54,000. FinTrust Capital Advisors LLC acquired a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $56,000. Finally, FAS Wealth Partners Inc. acquired a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $151,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD opened at $40.08 on Monday. Global X S&P 500 Covered Call ETF has a 52 week low of $37.49 and a 52 week high of $41.54. The firm has a market cap of $2.82 billion, a P/E ratio of 20.55 and a beta of 0.44. The firm’s 50-day simple moving average is $40.35 and its 200 day simple moving average is $39.67.

Global X S&P 500 Covered Call ETF Company Profile

The Global X S&P 500 Covered Call ETF (XYLD) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock. XYLD was launched on Jun 24, 2013 and is managed by Global X.