Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $42.40 and last traded at $42.38, with a volume of 70961 shares changing hands. The stock had previously closed at $42.36.
Global X S&P 500 Covered Call ETF Price Performance
The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The business has a fifty day moving average price of $41.89 and a 200 day moving average price of $41.13.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of XYLD. Copley Financial Group Inc. bought a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter worth approximately $41,000. Strategic Financial Concepts LLC acquired a new position in Global X S&P 500 Covered Call ETF during the 2nd quarter valued at about $42,000. Concourse Financial Group Securities Inc. grew its position in shares of Global X S&P 500 Covered Call ETF by 121.3% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,328 shares of the company’s stock worth $54,000 after buying an additional 728 shares during the period. Chris Bulman Inc acquired a new position in Global X S&P 500 Covered Call ETF in the second quarter valued at approximately $92,000. Finally, CWM LLC raised its position in shares of Global X S&P 500 Covered Call ETF by 12.2% during the 3rd quarter. CWM LLC now owns 3,450 shares of the company’s stock valued at $143,000 after acquiring an additional 375 shares during the last quarter.
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.
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