Sims Investment Management LLC Acquires New Shares in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Sims Investment Management LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 755,446 shares of the company’s stock, valued at approximately $13,764,000. Global X Nasdaq 100 Covered Call ETF makes up 7.8% of Sims Investment Management LLC’s portfolio, making the stock its 3rd biggest position.

Several other hedge funds also recently modified their holdings of QYLD. Creative Planning boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 25.5% during the 3rd quarter. Creative Planning now owns 36,446 shares of the company’s stock valued at $657,000 after acquiring an additional 7,406 shares in the last quarter. Financial Advocates Investment Management boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 35.2% during the 3rd quarter. Financial Advocates Investment Management now owns 135,401 shares of the company’s stock valued at $2,443,000 after acquiring an additional 35,254 shares in the last quarter. Principal Securities Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.3% during the 3rd quarter. Principal Securities Inc. now owns 1,052,009 shares of the company’s stock valued at $18,978,000 after acquiring an additional 23,989 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 8.3% during the 3rd quarter. Focus Financial Network Inc. now owns 21,468 shares of the company’s stock valued at $387,000 after acquiring an additional 1,643 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 11.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 28,343 shares of the company’s stock valued at $511,000 after acquiring an additional 2,798 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 1.6 %

NASDAQ QYLD opened at $17.94 on Friday. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 33.29 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $15.91 and a twelve month high of $18.89. The business’s fifty day moving average is $18.47 and its 200 day moving average is $18.21.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

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

Global X Nasdaq 100 Covered Call ETF Profile

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.