Great Valley Advisor Group Inc. Acquires Shares of 5,001 Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Great Valley Advisor Group Inc. bought a new position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the third quarter, Holdings Channel reports. The firm bought 5,001 shares of the company’s stock, valued at approximately $208,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XYLD. LPL Financial LLC grew its position in shares of Global X S&P 500 Covered Call ETF by 3.6% during the 3rd quarter. LPL Financial LLC now owns 3,213,625 shares of the company’s stock valued at $133,365,000 after acquiring an additional 110,619 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Global X S&P 500 Covered Call ETF by 2.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,001,643 shares of the company’s stock valued at $40,496,000 after purchasing an additional 27,426 shares during the period. Brookstone Capital Management increased its position in shares of Global X S&P 500 Covered Call ETF by 3.8% in the third quarter. Brookstone Capital Management now owns 720,709 shares of the company’s stock valued at $29,909,000 after buying an additional 26,585 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Global X S&P 500 Covered Call ETF by 33.8% in the second quarter. Envestnet Asset Management Inc. now owns 538,183 shares of the company’s stock valued at $21,759,000 after buying an additional 135,930 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of Global X S&P 500 Covered Call ETF by 9.8% during the 3rd quarter. Raymond James & Associates now owns 411,797 shares of the company’s stock valued at $17,090,000 after buying an additional 36,620 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

Global X S&P 500 Covered Call ETF stock opened at $42.05 on Friday. The company’s fifty day moving average price is $41.64 and its 200 day moving average price is $40.91. The stock has a market capitalization of $2.95 billion, a P/E ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a 1 year low of $37.93 and a 1 year high of $42.23.

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.