Cutter & CO Brokerage Inc. Takes $243,000 Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Cutter & CO Brokerage Inc. acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,356 shares of the company’s stock, valued at approximately $243,000.

Other large investors also recently made changes to their positions in the company. Kestra Investment Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $25,000. Crewe Advisors LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 601.6% during the third quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock valued at $31,000 after buying an additional 1,468 shares during the last quarter. Copley Financial Group Inc. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the third quarter worth about $35,000. Darwin Wealth Management LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth about $70,000. Finally, AdvisorNet Financial Inc raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 141.8% in the 4th quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock worth $70,000 after acquiring an additional 2,265 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

QYLD stock opened at $18.11 on Thursday. The business has a 50-day simple moving average of $18.50 and a two-hundred day simple moving average of $18.21. The company has a market capitalization of $8.70 billion, a P/E ratio of 33.29 and a beta of 0.64. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 24th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, February 24th.

Global X Nasdaq 100 Covered Call ETF Company Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.