Global X S&P 500 Covered Call ETF $XYLD Shares Purchased by McAdam LLC

McAdam LLC lifted its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 11.4% in the 2nd quarter, Holdings Channel reports. The firm owned 28,043 shares of the company’s stock after purchasing an additional 2,865 shares during the quarter. McAdam LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,092,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. AdvisorNet Financial Inc lifted its stake in shares of Global X S&P 500 Covered Call ETF by 20.4% in the second quarter. AdvisorNet Financial Inc now owns 1,894 shares of the company’s stock valued at $74,000 after purchasing an additional 321 shares during the period. Armstrong Advisory Group Inc. lifted its stake in shares of Global X S&P 500 Covered Call ETF by 22.8% in the second quarter. Armstrong Advisory Group Inc. now owns 45,739 shares of the company’s stock valued at $1,781,000 after purchasing an additional 8,499 shares during the period. Park Avenue Securities LLC increased its holdings in Global X S&P 500 Covered Call ETF by 3.4% during the 2nd quarter. Park Avenue Securities LLC now owns 19,735 shares of the company’s stock valued at $768,000 after acquiring an additional 655 shares in the last quarter. Silver Oak Securities Incorporated purchased a new position in Global X S&P 500 Covered Call ETF during the 2nd quarter valued at about $224,000. Finally, Global X Japan Co. Ltd. increased its holdings in Global X S&P 500 Covered Call ETF by 18.5% during the 2nd quarter. Global X Japan Co. Ltd. now owns 840,761 shares of the company’s stock valued at $32,739,000 after acquiring an additional 131,160 shares in the last quarter.

Global X S&P 500 Covered Call ETF Trading Down 0.2%

NYSEARCA:XYLD opened at $38.98 on Friday. The firm has a 50-day moving average price of $39.02 and a two-hundred day moving average price of $38.76. Global X S&P 500 Covered Call ETF has a twelve month low of $34.53 and a twelve month high of $43.43. The company has a market capitalization of $3.10 billion, a P/E ratio of 25.32 and a beta of 0.72.

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.