Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Get Free Report)’s share price passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $41.59 and traded as high as $41.63. Global X S&P 500 Covered Call ETF shares last traded at $41.61, with a volume of 488,134 shares.
Global X S&P 500 Covered Call ETF Stock Performance
The stock has a market cap of $3.35 billion, a P/E ratio of 25.32 and a beta of 0.49. The stock’s fifty day simple moving average is $41.58 and its 200-day simple moving average is $40.80.
Institutional Investors Weigh In On Global X S&P 500 Covered Call ETF
Several institutional investors have recently made changes to their positions in XYLD. Compass Financial Management LLC boosted its position in shares of Global X S&P 500 Covered Call ETF by 8.3% during the 3rd quarter. Compass Financial Management LLC now owns 20,142 shares of the company’s stock worth $836,000 after acquiring an additional 1,552 shares in the last quarter. XML Financial LLC raised its position in Global X S&P 500 Covered Call ETF by 9.9% during the third quarter. XML Financial LLC now owns 167,612 shares of the company’s stock valued at $6,959,000 after purchasing an additional 15,107 shares in the last quarter. MeadowBrook Investment Advisors LLC acquired a new position in Global X S&P 500 Covered Call ETF during the third quarter valued at approximately $147,000. Howard Wealth Management LLC raised its position in Global X S&P 500 Covered Call ETF by 3.8% during the third quarter. Howard Wealth Management LLC now owns 15,583 shares of the company’s stock valued at $647,000 after purchasing an additional 575 shares in the last quarter. Finally, D.A. Davidson & CO. bought a new stake in Global X S&P 500 Covered Call ETF during the third quarter worth $634,000.
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.
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