Western Wealth Management LLC lifted its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 51.9% during the fourth quarter, HoldingsChannel reports. The firm owned 36,478 shares of the company’s stock after acquiring an additional 12,469 shares during the quarter. Western Wealth Management LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,439,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of XYLD. Providence Capital Advisors LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $25,000. Fortis Capital Advisors LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the fourth quarter worth about $30,000. Cornerstone Planning Group LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $39,000. Tower Research Capital LLC TRC bought a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $41,000. Finally, NBC Securities Inc. bought a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $54,000.
Global X S&P 500 Covered Call ETF Stock Performance
NYSEARCA:XYLD opened at $39.74 on Friday. The company has a market cap of $2.80 billion, a PE ratio of 20.55 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a 52-week low of $37.49 and a 52-week high of $41.54. The stock has a 50-day simple moving average of $40.38 and a 200 day simple moving average of $39.64.
Global X S&P 500 Covered Call ETF 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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Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report).
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