Beacon Pointe Advisors LLC Purchases Shares of 14,349 Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Beacon Pointe Advisors LLC acquired a new position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,349 shares of the company’s stock, valued at approximately $601,000.

Other hedge funds also recently modified their holdings of the company. Stonebridge Capital Advisors LLC bought a new stake in Global X S&P 500 Covered Call ETF in the fourth quarter valued at $393,000. Uniplan Investment Counsel Inc. increased its position in Global X S&P 500 Covered Call ETF by 1.8% in the 4th quarter. Uniplan Investment Counsel Inc. now owns 65,292 shares of the company’s stock valued at $2,736,000 after buying an additional 1,173 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in Global X S&P 500 Covered Call ETF by 48.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 2,150 shares of the company’s stock worth $90,000 after buying an additional 700 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Global X S&P 500 Covered Call ETF by 112.2% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 89,537 shares of the company’s stock worth $3,746,000 after acquiring an additional 47,344 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of Global X S&P 500 Covered Call ETF by 17.5% during the fourth quarter. MML Investors Services LLC now owns 40,627 shares of the company’s stock valued at $1,702,000 after acquiring an additional 6,048 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Up 0.2 %

Shares of NYSEARCA:XYLD opened at $38.49 on Friday. The stock’s 50 day moving average is $39.00 and its 200-day moving average is $41.08. Global X S&P 500 Covered Call ETF has a twelve month low of $34.53 and a twelve month high of $43.43. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 23.84 and a beta of 0.56.

About Global X S&P 500 Covered Call ETF

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.