HBW Advisory Services LLC Grows Position in Global X S&P 500 Covered Call ETF $XYLD

HBW Advisory Services LLC grew its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 18.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,366 shares of the company’s stock after purchasing an additional 8,822 shares during the period. HBW Advisory Services LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $2,195,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Fortis Capital Advisors LLC purchased a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter worth approximately $470,000. Belpointe Asset Management LLC boosted its position in Global X S&P 500 Covered Call ETF by 41.6% in the 1st quarter. Belpointe Asset Management LLC now owns 145,610 shares of the company’s stock worth $5,750,000 after purchasing an additional 42,802 shares in the last quarter. Flaharty Asset Management LLC boosted its position in Global X S&P 500 Covered Call ETF by 2.4% in the 1st quarter. Flaharty Asset Management LLC now owns 50,579 shares of the company’s stock worth $1,997,000 after purchasing an additional 1,199 shares in the last quarter. Jane Street Group LLC purchased a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter worth approximately $3,796,000. Finally, Arete Wealth Advisors LLC boosted its position in Global X S&P 500 Covered Call ETF by 7.9% in the 1st quarter. Arete Wealth Advisors LLC now owns 15,081 shares of the company’s stock worth $596,000 after purchasing an additional 1,100 shares in the last quarter.

Global X S&P 500 Covered Call ETF Trading Up 0.1%

Global X S&P 500 Covered Call ETF stock opened at $39.33 on Friday. Global X S&P 500 Covered Call ETF has a 12 month low of $34.53 and a 12 month high of $43.43. The stock’s 50 day simple moving average is $38.99 and its two-hundred day simple moving average is $38.87. The firm has a market cap of $3.12 billion, a PE ratio of 25.32 and a beta of 0.72.

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.