Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Sees Strong Trading Volume

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 274,191 shares were traded during mid-day trading, a decline of 38% from the previous session’s volume of 443,833 shares.The stock last traded at $39.82 and had previously closed at $39.67.

Global X S&P 500 Covered Call ETF Stock Performance

The stock has a 50 day moving average of $40.36 and a two-hundred day moving average of $39.67. The stock has a market cap of $2.81 billion, a PE ratio of 20.55 and a beta of 0.44.

Hedge Funds Weigh In On Global X S&P 500 Covered Call ETF

A number of institutional investors have recently bought and sold shares of XYLD. International Assets Investment Management LLC purchased a new position in Global X S&P 500 Covered Call ETF during the 4th quarter valued at about $17,517,000. Principal Securities Inc. purchased a new position in Global X S&P 500 Covered Call ETF during the 4th quarter valued at about $14,377,000. One Capital Management LLC purchased a new position in Global X S&P 500 Covered Call ETF during the 3rd quarter valued at about $8,863,000. LPL Financial LLC grew its stake in Global X S&P 500 Covered Call ETF by 10.5% during the 3rd quarter. LPL Financial LLC now owns 2,365,605 shares of the company’s stock valued at $91,998,000 after acquiring an additional 224,124 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC grew its stake in Global X S&P 500 Covered Call ETF by 304.1% during the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 187,432 shares of the company’s stock valued at $7,289,000 after acquiring an additional 141,055 shares in the last quarter.

About Global X S&P 500 Covered Call ETF

(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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