Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Reaches New 52-Week High – What’s Next?

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $42.40 and last traded at $42.38, with a volume of 70961 shares. The stock had previously closed at $42.36.

Global X S&P 500 Covered Call ETF Stock Up 0.0 %

The company has a market capitalization of $2.97 billion, a P/E ratio of 20.31 and a beta of 0.44. The stock has a fifty day simple moving average of $41.86 and a 200-day simple moving average of $41.11.

Institutional Investors Weigh In On Global X S&P 500 Covered Call ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Copley Financial Group Inc. acquired a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter worth about $41,000. World Investment Advisors LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $382,000. Sanctuary Advisors LLC lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 1.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 17,829 shares of the company’s stock valued at $748,000 after purchasing an additional 300 shares in the last quarter. Arete Wealth Advisors LLC grew its position in shares of Global X S&P 500 Covered Call ETF by 3.0% in the 3rd quarter. Arete Wealth Advisors LLC now owns 13,896 shares of the company’s stock valued at $576,000 after purchasing an additional 399 shares during the period. Finally, Sunbelt Securities Inc. increased its stake in Global X S&P 500 Covered Call ETF by 9.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 5,564 shares of the company’s stock worth $231,000 after purchasing an additional 458 shares in the last quarter.

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.