Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $41.59 and traded as high as $41.63. Global X S&P 500 Covered Call ETF shares last traded at $41.61, with a volume of 488,134 shares changing hands.
Global X S&P 500 Covered Call ETF Price Performance
The business’s 50-day moving average price is $41.59 and its 200 day moving average price is $40.80. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 25.32 and a beta of 0.49.
Institutional Investors Weigh In On Global X S&P 500 Covered Call ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Howard Wealth Management LLC grew its holdings in Global X S&P 500 Covered Call ETF by 3.8% during the 3rd quarter. Howard Wealth Management LLC now owns 15,583 shares of the company’s stock worth $647,000 after acquiring an additional 575 shares in the last quarter. D.A. Davidson & CO. acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $634,000. Essential Investment Partners LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $537,000. Oppenheimer & Co. Inc. bought a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $417,000. Finally, Park Avenue Securities LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $3,181,000.
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.
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