Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Sets New 52-Week High – What’s Next?

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $41.59 and last traded at $41.58, with a volume of 61565 shares changing hands. The stock had previously closed at $41.57.

Global X S&P 500 Covered Call ETF Stock Performance

The stock has a fifty day moving average price of $40.86 and a 200-day moving average price of $40.46. The firm has a market capitalization of $3.27 billion, a PE ratio of 25.32 and a beta of 0.49.

Institutional Investors Weigh In On Global X S&P 500 Covered Call ETF

A number of institutional investors have recently added to or reduced their stakes in XYLD. MGB Wealth Management LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the second quarter valued at about $26,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Global X S&P 500 Covered Call ETF during the first quarter valued at approximately $49,000. Measured Wealth Private Client Group LLC acquired a new stake in Global X S&P 500 Covered Call ETF in the third quarter valued at approximately $52,000. Ascentis Independent Advisors purchased a new position in Global X S&P 500 Covered Call ETF in the first quarter worth $64,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of Global X S&P 500 Covered Call ETF during the second quarter worth $100,000.

Global X S&P 500 Covered Call ETF Company Profile

(Get Free Report)

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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