Howard Wealth Management LLC Has $481,000 Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Howard Wealth Management LLC raised its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 4.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,189 shares of the company’s stock after purchasing an additional 526 shares during the quarter. Howard Wealth Management LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $481,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC grew its holdings in shares of Global X S&P 500 Covered Call ETF by 2.9% in the 1st quarter. LPL Financial LLC now owns 3,677,216 shares of the company’s stock valued at $145,213,000 after acquiring an additional 103,741 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of Global X S&P 500 Covered Call ETF by 3,849.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,213,054 shares of the company’s stock valued at $47,904,000 after acquiring an additional 1,182,336 shares in the last quarter. Brookstone Capital Management grew its holdings in shares of Global X S&P 500 Covered Call ETF by 10.6% in the 1st quarter. Brookstone Capital Management now owns 782,703 shares of the company’s stock valued at $30,909,000 after acquiring an additional 74,917 shares in the last quarter. Global X Japan Co. Ltd. grew its holdings in shares of Global X S&P 500 Covered Call ETF by 80.9% in the 1st quarter. Global X Japan Co. Ltd. now owns 709,601 shares of the company’s stock valued at $28,022,000 after acquiring an additional 317,278 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Global X S&P 500 Covered Call ETF by 1.3% in the 4th quarter. Royal Bank of Canada now owns 584,968 shares of the company’s stock valued at $24,510,000 after acquiring an additional 7,403 shares in the last quarter.

Global X S&P 500 Covered Call ETF Price Performance

Shares of NYSEARCA XYLD opened at $39.26 on Friday. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 25.32 and a beta of 0.72. The business has a 50-day moving average of $38.93 and a 200-day moving average of $39.39. Global X S&P 500 Covered Call ETF has a fifty-two week low of $34.53 and a fifty-two week high of $43.43.

Global X S&P 500 Covered Call ETF Company 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.