Investment Partners Asset Management Inc. Purchases 1,843 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Investment Partners Asset Management Inc. grew its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,516 shares of the company’s stock after buying an additional 1,843 shares during the quarter. Global X S&P 500 Covered Call ETF makes up about 2.5% of Investment Partners Asset Management Inc.’s investment portfolio, making the stock its 6th largest holding. Investment Partners Asset Management Inc. owned approximately 0.11% of Global X S&P 500 Covered Call ETF worth $3,248,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Spire Wealth Management raised its position in Global X S&P 500 Covered Call ETF by 112.3% during the fourth quarter. Spire Wealth Management now owns 849 shares of the company’s stock valued at $36,000 after acquiring an additional 449 shares in the last quarter. Copley Financial Group Inc. acquired a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter worth $41,000. CWM LLC raised its holdings 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 purchasing an additional 375 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Global X S&P 500 Covered Call ETF by 182.2% in the 4th quarter. Fifth Third Bancorp now owns 4,679 shares of the company’s stock valued at $196,000 after purchasing an additional 3,021 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the 4th quarter valued at $198,000.

Global X S&P 500 Covered Call ETF Price Performance

Global X S&P 500 Covered Call ETF stock opened at $42.68 on Thursday. Global X S&P 500 Covered Call ETF has a one year low of $37.93 and a one year high of $43.43. The company’s fifty day moving average price is $42.41 and its two-hundred day moving average price is $41.66. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44.

About Global X S&P 500 Covered Call ETF

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.