Northwestern Mutual Wealth Management Co. Grows Stake in Global X S&P 500 Covered Call ETF $XYLD

Northwestern Mutual Wealth Management Co. grew its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 177.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 216,630 shares of the company’s stock after acquiring an additional 138,483 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.28% of Global X S&P 500 Covered Call ETF worth $8,802,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brookstone Capital Management boosted its position in shares of Global X S&P 500 Covered Call ETF by 2.2% in the 4th quarter. Brookstone Capital Management now owns 827,203 shares of the company’s stock valued at $33,609,000 after purchasing an additional 17,545 shares during the period. Kingswood Wealth Advisors LLC boosted its position in shares of Global X S&P 500 Covered Call ETF by 57.2% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 38,966 shares of the company’s stock valued at $1,583,000 after purchasing an additional 14,184 shares during the period. Aventura Private Wealth LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the 4th quarter valued at about $1,467,000. Valeo Financial Advisors LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $707,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $2,060,000.

Global X S&P 500 Covered Call ETF Stock Up 0.1%

Shares of NYSEARCA XYLD opened at $40.42 on Friday. The stock has a market cap of $3.12 billion, a PE ratio of 25.32 and a beta of 0.50. Global X S&P 500 Covered Call ETF has a 52-week low of $37.57 and a 52-week high of $41.10. The business has a 50-day moving average price of $39.88 and a 200 day moving average price of $40.30.

About Global X S&P 500 Covered Call ETF

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.