Investment Partners Asset Management Inc. Increases Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Investment Partners Asset Management Inc. increased its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report) by 2.0% in the first quarter, Holdings Channel.com reports. The fund owned 79,089 shares of the company’s stock after acquiring an additional 1,573 shares during the quarter. Global X S&P 500 Covered Call ETF makes up about 2.5% of Investment Partners Asset Management Inc.’s holdings, making the stock its 5th biggest holding. Investment Partners Asset Management Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $3,123,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. First Citizens Bank & Trust Co. lifted its stake in Global X S&P 500 Covered Call ETF by 9.9% in the 1st quarter. First Citizens Bank & Trust Co. now owns 8,742 shares of the company’s stock worth $345,000 after purchasing an additional 784 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Global X S&P 500 Covered Call ETF by 11.5% in the first quarter. Park Avenue Securities LLC now owns 19,080 shares of the company’s stock worth $753,000 after buying an additional 1,971 shares in the last quarter. StoneCrest Wealth Management Inc. raised its position in shares of Global X S&P 500 Covered Call ETF by 2.8% in the first quarter. StoneCrest Wealth Management Inc. now owns 98,743 shares of the company’s stock worth $3,899,000 after buying an additional 2,726 shares in the last quarter. Horizon Wealth Management LLC bought a new stake in Global X S&P 500 Covered Call ETF during the first quarter valued at $249,000. Finally, Littlejohn Financial Services Inc. increased its stake in Global X S&P 500 Covered Call ETF by 4.0% in the 1st quarter. Littlejohn Financial Services Inc. now owns 58,975 shares of the company’s stock worth $2,329,000 after acquiring an additional 2,256 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Up 0.2%

NYSEARCA:XYLD opened at $38.82 on Wednesday. The stock has a market cap of $3.07 billion, a P/E ratio of 24.17 and a beta of 0.54. The business’s 50-day moving average price is $38.10 and its two-hundred day moving average price is $40.47. Global X S&P 500 Covered Call ETF has a twelve month low of $34.53 and a twelve month high of $43.43.

Global X S&P 500 Covered Call ETF Profile

(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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Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report).

Institutional Ownership by Quarter for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

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