Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) Reaches New 12-Month High – Should You Buy?

Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLDGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $16.34 and last traded at $16.33, with a volume of 46963 shares trading hands. The stock had previously closed at $16.34.

Global X Russell 2000 Covered Call ETF Stock Performance

The company has a 50-day moving average of $15.96 and a 200-day moving average of $15.61. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 15.90 and a beta of 0.53.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new position in shares of Global X Russell 2000 Covered Call ETF in the first quarter valued at approximately $25,000. Advisory Services Network LLC acquired a new stake in shares of Global X Russell 2000 Covered Call ETF during the third quarter worth $37,000. Qube Research & Technologies Ltd lifted its position in Global X Russell 2000 Covered Call ETF by 67.5% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,643 shares of the company’s stock valued at $40,000 after acquiring an additional 1,065 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Global X Russell 2000 Covered Call ETF by 85.3% in the 4th quarter. Farther Finance Advisors LLC now owns 2,876 shares of the company’s stock valued at $44,000 after acquiring an additional 1,324 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its position in Global X Russell 2000 Covered Call ETF by 150.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,337 shares of the company’s stock valued at $51,000 after acquiring an additional 2,004 shares in the last quarter.

Global X Russell 2000 Covered Call ETF Company Profile

(Get Free Report)

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.

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