Prevail Innovative Wealth Advisors LLC Sells 39,094 Shares of Global X S&P 500 Covered Call ETF $XYLD

Prevail Innovative Wealth Advisors LLC lessened its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 28.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,292 shares of the company’s stock after selling 39,094 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $3,994,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Brookstone Capital Management boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 2.2% during the 4th quarter. Brookstone Capital Management now owns 827,203 shares of the company’s stock valued at $33,609,000 after buying an additional 17,545 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 57.2% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 38,966 shares of the company’s stock valued at $1,583,000 after buying an additional 14,184 shares in the last quarter. Aventura Private Wealth LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at $1,467,000. Valeo Financial Advisors LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $707,000. Finally, Flaharty Asset Management LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $2,060,000.

Global X S&P 500 Covered Call ETF Trading Up 0.6%

Shares of XYLD stock opened at $40.27 on Thursday. Global X S&P 500 Covered Call ETF has a 12 month low of $37.57 and a 12 month high of $41.10. The stock has a market cap of $3.11 billion, a PE ratio of 25.32 and a beta of 0.50. The company’s fifty day moving average price is $39.89 and its 200-day moving average price is $40.30.

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.