Institute for Wealth Management LLC. Cuts Stock Position in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD)

Institute for Wealth Management LLC. cut its holdings in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 10.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 132,364 shares of the company’s stock after selling 15,485 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Global X Russell 2000 Covered Call ETF were worth $2,216,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its stake in Global X Russell 2000 Covered Call ETF by 2.3% during the third quarter. LPL Financial LLC now owns 3,900,038 shares of the company’s stock worth $66,535,000 after buying an additional 89,530 shares during the period. Morgan Stanley boosted its stake in shares of Global X Russell 2000 Covered Call ETF by 12.0% during the third quarter. Morgan Stanley now owns 2,411,051 shares of the company’s stock valued at $41,133,000 after purchasing an additional 257,902 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Global X Russell 2000 Covered Call ETF during the fourth quarter valued at $37,990,000. Bank of America Corp DE boosted its stake in shares of Global X Russell 2000 Covered Call ETF by 19.6% during the first quarter. Bank of America Corp DE now owns 1,517,858 shares of the company’s stock valued at $27,261,000 after purchasing an additional 248,500 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Global X Russell 2000 Covered Call ETF by 16.4% during the third quarter. Royal Bank of Canada now owns 1,321,386 shares of the company’s stock valued at $22,543,000 after purchasing an additional 186,056 shares during the period.

Global X Russell 2000 Covered Call ETF Stock Performance

Shares of RYLD remained flat at $16.25 during trading hours on Friday. 570,876 shares of the stock were exchanged, compared to its average volume of 719,854. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 10.32 and a beta of 0.63. Global X Russell 2000 Covered Call ETF has a 1 year low of $15.85 and a 1 year high of $18.47. The stock has a 50-day moving average of $16.62 and a two-hundred day moving average of $16.58.

Global X Russell 2000 Covered Call ETF Company Profile