SageGuard Financial Group LLC Invests $1.18 Million in Global X Russell 2000 Covered Call ETF $RYLD

SageGuard Financial Group LLC acquired a new position in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 77,265 shares of the company’s stock, valued at approximately $1,182,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in shares of Global X Russell 2000 Covered Call ETF by 85.3% during the 4th quarter. Farther Finance Advisors LLC now owns 2,876 shares of the company’s stock worth $44,000 after buying an additional 1,324 shares during the last quarter. Fiduciary Alliance LLC increased its holdings in shares of Global X Russell 2000 Covered Call ETF by 23.2% during the 4th quarter. Fiduciary Alliance LLC now owns 48,724 shares of the company’s stock worth $745,000 after buying an additional 9,181 shares during the last quarter. Newbridge Financial Services Group Inc. grew its holdings in shares of Global X Russell 2000 Covered Call ETF by 2.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 138,696 shares of the company’s stock worth $2,122,000 after purchasing an additional 2,706 shares during the period. Jaffetilchin Investment Partners LLC purchased a new stake in shares of Global X Russell 2000 Covered Call ETF during the 4th quarter worth about $184,000. Finally, Brookstone Capital Management grew its holdings in shares of Global X Russell 2000 Covered Call ETF by 4.1% during the 4th quarter. Brookstone Capital Management now owns 552,522 shares of the company’s stock worth $8,454,000 after purchasing an additional 21,922 shares during the period.

Global X Russell 2000 Covered Call ETF Stock Performance

Shares of NYSEARCA:RYLD opened at $15.32 on Tuesday. Global X Russell 2000 Covered Call ETF has a 1 year low of $13.91 and a 1 year high of $16.02. The stock has a market capitalization of $1.30 billion, a P/E ratio of 15.90 and a beta of 0.55. The stock has a 50-day simple moving average of $15.32 and a 200-day simple moving average of $15.38.

About Global X Russell 2000 Covered Call ETF

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.