Palacios Wealth Management LLC Cuts Stake in Global X Russell 2000 Covered Call ETF $RYLD

Palacios Wealth Management LLC reduced its stake in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 59.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 129,964 shares of the company’s stock after selling 187,550 shares during the period. Global X Russell 2000 Covered Call ETF makes up 1.5% of Palacios Wealth Management LLC’s portfolio, making the stock its 18th biggest position. Palacios Wealth Management LLC’s holdings in Global X Russell 2000 Covered Call ETF were worth $1,988,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. RFG Advisory LLC grew its stake in shares of Global X Russell 2000 Covered Call ETF by 40.5% in the third quarter. RFG Advisory LLC now owns 136,664 shares of the company’s stock worth $2,057,000 after acquiring an additional 39,383 shares during the last quarter. OneAscent Family Office LLC purchased a new stake in shares of Global X Russell 2000 Covered Call ETF in the third quarter worth $511,000. Corient Private Wealth LLC purchased a new stake in shares of Global X Russell 2000 Covered Call ETF in the second quarter worth $1,687,000. International Assets Investment Management LLC grew its stake in shares of Global X Russell 2000 Covered Call ETF by 19.1% in the third quarter. International Assets Investment Management LLC now owns 292,259 shares of the company’s stock worth $4,398,000 after acquiring an additional 46,772 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its stake in shares of Global X Russell 2000 Covered Call ETF by 55.5% in the third quarter. CreativeOne Wealth LLC now owns 106,069 shares of the company’s stock worth $1,596,000 after acquiring an additional 37,867 shares during the last quarter.

Global X Russell 2000 Covered Call ETF Trading Up 0.4%

NYSEARCA RYLD opened at $15.32 on Thursday. Global X Russell 2000 Covered Call ETF has a 12 month low of $14.13 and a 12 month high of $16.02. The stock has a market cap of $1.30 billion, a P/E ratio of 15.90 and a beta of 0.55. The stock’s fifty day moving average price is $15.30 and its 200-day moving average price is $15.38.

About Global X Russell 2000 Covered Call ETF

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.