Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Stock Price Down 0% – Time to Sell?

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) shares traded down 0% during trading on Wednesday . The stock traded as low as $30.24 and last traded at $30.34. 23,361 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 43,802 shares. The stock had previously closed at $30.35.

Nasdaq 100 Covered Call & Growth ETF Trading Down 3.3%

The stock has a market cap of $144.84 million, a PE ratio of 33.07 and a beta of 0.91. The business has a fifty day simple moving average of $28.32 and a two-hundred day simple moving average of $28.17.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 21st. Shareholders of record on Monday, May 18th were issued a $0.2067 dividend. This represents a c) dividend on an annualized basis and a yield of 8.5%. This is a positive change from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, May 18th.

Institutional Inflows and Outflows

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

About Nasdaq 100 Covered Call & Growth ETF

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.