Ferguson Shapiro LLC Invests $202,000 in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Ferguson Shapiro LLC bought a new position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the 4th quarter, HoldingsChannel reports. The fund bought 4,823 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Proficio Capital Partners LLC raised its holdings in Global X S&P 500 Covered Call ETF by 1,322.1% during the third quarter. Proficio Capital Partners LLC now owns 168,665 shares of the company’s stock valued at $7,000,000 after buying an additional 156,805 shares in the last quarter. LPL Financial LLC raised its holdings in Global X S&P 500 Covered Call ETF by 3.6% during the third quarter. LPL Financial LLC now owns 3,213,625 shares of the company’s stock valued at $133,365,000 after buying an additional 110,619 shares in the last quarter. Good Life Advisors LLC raised its holdings in Global X S&P 500 Covered Call ETF by 120.4% during the third quarter. Good Life Advisors LLC now owns 179,164 shares of the company’s stock valued at $7,435,000 after buying an additional 97,874 shares in the last quarter. Global X Japan Co. Ltd. raised its holdings in Global X S&P 500 Covered Call ETF by 35.0% during the third quarter. Global X Japan Co. Ltd. now owns 376,181 shares of the company’s stock valued at $15,612,000 after buying an additional 97,479 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in Global X S&P 500 Covered Call ETF by 50.8% during the third quarter. Private Advisor Group LLC now owns 239,861 shares of the company’s stock valued at $9,954,000 after buying an additional 80,787 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

Global X S&P 500 Covered Call ETF stock opened at $42.36 on Thursday. The business’s 50-day simple moving average is $42.32 and its 200-day simple moving average is $41.53. The firm has a market capitalization of $2.97 billion, a PE ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a 52 week low of $37.93 and a 52 week high of $43.43.

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.