S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Trading 1% Higher – Here’s What Happened

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG)’s share price rose 1% during trading on Monday . The stock traded as high as $33.43 and last traded at $33.43. Approximately 5,255 shares traded hands during trading, a decline of 49% from the average daily volume of 10,386 shares. The stock had previously closed at $33.09.

S&P 500 Covered Call & Growth ETF Stock Up 0.5 %

The company has a fifty day moving average of $32.80 and a two-hundred day moving average of $31.76. The stock has a market capitalization of $76.97 million, a price-to-earnings ratio of 22.83 and a beta of 0.71.

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

An institutional investor recently bought a new position in S&P 500 Covered Call & Growth ETF stock. NBC Securities Inc. purchased a new stake in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,480 shares of the company’s stock, valued at approximately $47,000. NBC Securities Inc. owned approximately 0.06% of S&P 500 Covered Call & Growth ETF at the end of the most recent reporting period.

About S&P 500 Covered Call & Growth ETF

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.