Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Trading Up 0.3% – Should You Buy?

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) shares traded up 0.3% on Friday . The company traded as high as $30.19 and last traded at $30.16. Approximately 37,367 shares were traded during trading, a decline of 16% from the average session volume of 44,649 shares. The stock had previously closed at $30.07.

Nasdaq 100 Covered Call & Growth ETF Stock Performance

The stock has a market cap of $159.85 million, a PE ratio of 33.07 and a beta of 0.91. The company’s 50 day simple moving average is $29.73 and its 200 day simple moving average is $28.17.

Nasdaq 100 Covered Call & Growth ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 22nd were given a dividend of $0.2075 per share. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Nasdaq 100 Covered Call & Growth ETF stock. Triumph Capital Management grew its holdings in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) by 4.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,299 shares of the company’s stock after purchasing an additional 723 shares during the quarter. Triumph Capital Management owned approximately 0.40% of Nasdaq 100 Covered Call & Growth ETF worth $478,000 at the end of the most recent reporting period.

Nasdaq 100 Covered Call & Growth ETF Company Profile

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth. QYLG was launched on Sep 18, 2020 and is managed by Global X.