Beacon Pointe Advisors LLC Acquires New Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Beacon Pointe Advisors LLC bought a new position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,349 shares of the company’s stock, valued at approximately $601,000.

Several other large investors have also recently modified their holdings of XYLD. Proficio Capital Partners LLC raised its position in Global X S&P 500 Covered Call ETF by 6,556.4% during the 4th quarter. Proficio Capital Partners LLC now owns 11,226,955 shares of the company’s stock worth $470,409,000 after purchasing an additional 11,058,290 shares during the last quarter. LPL Financial LLC raised its position in shares of Global X S&P 500 Covered Call ETF by 11.2% during the fourth quarter. LPL Financial LLC now owns 3,573,475 shares of the company’s stock worth $149,729,000 after acquiring an additional 359,850 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Global X S&P 500 Covered Call ETF in the fourth quarter worth approximately $64,354,000. Wells Fargo & Company MN boosted its holdings in Global X S&P 500 Covered Call ETF by 13.5% in the fourth quarter. Wells Fargo & Company MN now owns 730,569 shares of the company’s stock valued at $30,611,000 after acquiring an additional 87,059 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Global X S&P 500 Covered Call ETF by 3.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 593,634 shares of the company’s stock valued at $24,873,000 after purchasing an additional 18,294 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of NYSEARCA XYLD opened at $38.49 on Friday. The company’s 50 day moving average price is $39.00 and its 200-day moving average price is $41.08. Global X S&P 500 Covered Call ETF has a 52-week low of $34.53 and a 52-week high of $43.43. The company has a market capitalization of $3.03 billion, a P/E ratio of 23.84 and a beta of 0.56.

About Global X S&P 500 Covered Call ETF

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.