Principal Securities Inc. Buys 6,277 Shares of Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI)

Principal Securities Inc. increased its stake in shares of Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) by 7.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 95,432 shares of the company’s stock after purchasing an additional 6,277 shares during the period. Principal Securities Inc. owned about 0.05% of Global X S&P 500 Risk Managed Income ETF worth $1,842,000 at the end of the most recent reporting period.

Separately, Arete Wealth Advisors LLC increased its stake in Global X S&P 500 Risk Managed Income ETF by 61.7% in the 3rd quarter. Arete Wealth Advisors LLC now owns 24,094 shares of the company’s stock worth $459,000 after acquiring an additional 9,191 shares during the last quarter.

Global X S&P 500 Risk Managed Income ETF Price Performance

Shares of XRMI opened at $19.58 on Wednesday. The business’s 50 day simple moving average is $19.39 and its 200-day simple moving average is $19.12. Global X S&P 500 Risk Managed Income ETF has a 1 year low of $18.03 and a 1 year high of $19.69. The stock has a market capitalization of $35.05 million, a price-to-earnings ratio of 19.00 and a beta of 0.36.

Global X S&P 500 Risk Managed Income ETF Company Profile

The Global X S&P 500 Risk Managed Income ETF (XRMI) is an exchange-traded fund that is based on the Cboe S&P 500 Risk Managed Income index. The fund tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.