Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Hits New 12-Month High – What’s Next?

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) shares hit a new 52-week high on Friday . The stock traded as high as $18.02 and last traded at $18.01, with a volume of 867460 shares. The stock had previously closed at $17.98.

Global X Nasdaq 100 Covered Call ETF Price Performance

The firm’s 50-day simple moving average is $17.53 and its two-hundred day simple moving average is $17.55. The company has a market capitalization of $8.38 billion, a price-to-earnings ratio of 32.28 and a beta of 0.62.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 23rd. Stockholders of record on Monday, April 20th were given a $0.1789 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17. The ex-dividend date was Monday, April 20th.

Institutional Trading of Global X Nasdaq 100 Covered Call ETF

Several large investors have recently modified their holdings of QYLD. Russell Investments Group Ltd. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 286.3% in the fourth quarter. Russell Investments Group Ltd. now owns 1,491 shares of the company’s stock valued at $26,000 after purchasing an additional 1,105 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter valued at approximately $30,000. SHP Wealth Management acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $31,000. Friedenthal Financial acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $32,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter valued at approximately $35,000.

Global X Nasdaq 100 Covered Call ETF Company Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.