Western Wealth Management LLC Raises Position in Global X S&P 500 Covered Call ETF $XYLD

Western Wealth Management LLC increased its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 863.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 86,925 shares of the company’s stock after buying an additional 77,906 shares during the quarter. Western Wealth Management LLC owned about 0.11% of Global X S&P 500 Covered Call ETF worth $3,401,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of XYLD. Royal Fund Management LLC lifted its position in Global X S&P 500 Covered Call ETF by 13.2% during the 1st quarter. Royal Fund Management LLC now owns 10,677 shares of the company’s stock worth $418,000 after acquiring an additional 1,242 shares in the last quarter. Bank of America Corp DE boosted its holdings in Global X S&P 500 Covered Call ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 2,149,051 shares of the company’s stock worth $84,092,000 after acquiring an additional 41,116 shares during the period. Hamilton Wealth LLC grew its position in Global X S&P 500 Covered Call ETF by 99.2% in the first quarter. Hamilton Wealth LLC now owns 25,689 shares of the company’s stock valued at $1,005,000 after acquiring an additional 12,792 shares in the last quarter. Core Wealth Advisors Inc. acquired a new stake in Global X S&P 500 Covered Call ETF in the first quarter valued at approximately $426,000. Finally, IMG Wealth Management Inc. grew its position in Global X S&P 500 Covered Call ETF by 32.1% in the first quarter. IMG Wealth Management Inc. now owns 3,865 shares of the company’s stock valued at $151,000 after acquiring an additional 939 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Up 0.5%

XYLD opened at $41.17 on Friday. The firm’s 50 day moving average is $40.77 and its 200-day moving average is $40.44. Global X S&P 500 Covered Call ETF has a 52-week low of $38.22 and a 52-week high of $41.32. The firm has a market capitalization of $3.24 billion, a P/E ratio of 25.32 and a beta of 0.49.

Global X S&P 500 Covered Call ETF Profile

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.