Global X S&P 500 Covered Call ETF $XYLD Position Lifted by Focused Alpha LLC

Focused Alpha LLC lifted its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 95.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,350 shares of the company’s stock after purchasing an additional 21,132 shares during the quarter. Focused Alpha LLC owned about 0.05% of Global X S&P 500 Covered Call ETF worth $1,800,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Juncture Wealth Strategies LLC purchased a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter worth about $6,645,000. Ocean Park Asset Management LLC bought a new position in Global X S&P 500 Covered Call ETF during the 1st quarter valued at about $3,737,000. Western Wealth Management LLC lifted its stake in Global X S&P 500 Covered Call ETF by 863.8% during the 1st quarter. Western Wealth Management LLC now owns 86,925 shares of the company’s stock valued at $3,401,000 after acquiring an additional 77,906 shares during the period. Envestnet Asset Management Inc. lifted its stake in Global X S&P 500 Covered Call ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 646,091 shares of the company’s stock valued at $26,354,000 after acquiring an additional 53,056 shares during the period. Finally, Brookstone Capital Management lifted its stake in Global X S&P 500 Covered Call ETF by 5.9% during the 1st quarter. Brookstone Capital Management now owns 876,139 shares of the company’s stock valued at $34,283,000 after acquiring an additional 48,936 shares during the period.

Global X S&P 500 Covered Call ETF Stock Down 1.1%

Shares of NYSEARCA XYLD opened at $41.36 on Tuesday. The firm’s 50-day moving average price is $41.62 and its 200-day moving average price is $40.93. The company has a market cap of $3.37 billion, a PE ratio of 25.32 and a beta of 0.49. Global X S&P 500 Covered Call ETF has a 52-week low of $38.22 and a 52-week high of $42.00.

Global X S&P 500 Covered Call ETF 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.