Good Life Advisors LLC Decreases Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Good Life Advisors LLC trimmed its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 46.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 96,385 shares of the company’s stock after selling 82,779 shares during the quarter. Good Life Advisors LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $4,039,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Pasadena Private Wealth LLC raised its position in shares of Global X S&P 500 Covered Call ETF by 4.9% in the fourth quarter. Pasadena Private Wealth LLC now owns 24,460 shares of the company’s stock valued at $1,025,000 after buying an additional 1,133 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of Global X S&P 500 Covered Call ETF by 25.9% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,096 shares of the company’s stock valued at $255,000 after buying an additional 1,255 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of Global X S&P 500 Covered Call ETF by 31.6% in the fourth quarter. D.A. Davidson & CO. now owns 21,663 shares of the company’s stock valued at $908,000 after buying an additional 5,200 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Global X S&P 500 Covered Call ETF by 4.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 152,172 shares of the company’s stock valued at $6,376,000 after buying an additional 6,998 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the fourth quarter valued at about $4,565,000.

Global X S&P 500 Covered Call ETF Stock Up 0.1 %

Shares of NYSEARCA XYLD opened at $42.87 on Wednesday. The firm has a 50-day simple moving average of $42.45 and a 200-day simple moving average of $41.75. The stock has a market capitalization of $3.00 billion, a price-to-earnings 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.

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.