HBW Advisory Services LLC Reduces Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

HBW Advisory Services LLC lowered its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 32,386 shares of the company’s stock after selling 2,451 shares during the quarter. HBW Advisory Services LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,357,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Copley Financial Group Inc. bought a new stake in Global X S&P 500 Covered Call ETF during the 3rd quarter worth approximately $41,000. CWM LLC boosted its stake in shares of Global X S&P 500 Covered Call ETF by 12.2% during the 3rd quarter. CWM LLC now owns 3,450 shares of the company’s stock valued at $143,000 after purchasing an additional 375 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at about $201,000. First Citizens Bank & Trust Co. bought a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at about $202,000. Finally, Great Valley Advisor Group Inc. purchased a new position in Global X S&P 500 Covered Call ETF during the 3rd quarter valued at about $208,000.

Global X S&P 500 Covered Call ETF Price Performance

NYSEARCA XYLD traded down $0.33 during trading hours on Friday, reaching $41.83. 429,654 shares of the company’s stock traded hands, compared to its average volume of 514,393. Global X S&P 500 Covered Call ETF has a 52-week low of $37.93 and a 52-week high of $43.43. The firm has a market cap of $2.93 billion, a PE ratio of 20.31 and a beta of 0.44. The firm has a 50-day simple moving average of $42.19 and a 200 day simple moving average of $41.36.

Global X S&P 500 Covered Call ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report).

Institutional Ownership by Quarter for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

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