Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Shares Sold by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC decreased its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 20.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,441 shares of the company’s stock after selling 2,972 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $208,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Kestra Investment Management LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $25,000. Crewe Advisors LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 601.6% in the 3rd quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock valued at $31,000 after acquiring an additional 1,468 shares during the period. Copley Financial Group Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter valued at $35,000. Darwin Wealth Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth $70,000. Finally, AdvisorNet Financial Inc raised its position in Global X Nasdaq 100 Covered Call ETF by 141.8% during the fourth quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock worth $70,000 after acquiring an additional 2,265 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.9 %

Shares of NASDAQ QYLD opened at $18.06 on Wednesday. The firm has a market cap of $8.68 billion, a price-to-earnings ratio of 33.29 and a beta of 0.64. The company’s 50-day simple moving average is $18.51 and its 200-day simple moving average is $18.20. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 24th will be paid a $0.165 dividend. The ex-dividend date is Monday, February 24th.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.