Ocean Park Asset Management LLC Buys New Position in Global X S&P 500 Covered Call ETF $XYLD

Ocean Park Asset Management LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 95,500 shares of the company’s stock, valued at approximately $3,737,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. First Heartland Consultants Inc. lifted its position in shares of Global X S&P 500 Covered Call ETF by 2.8% in the 4th quarter. First Heartland Consultants Inc. now owns 9,246 shares of the company’s stock worth $376,000 after purchasing an additional 248 shares during the period. IMG Wealth Management Inc. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 11.3% in the 4th quarter. IMG Wealth Management Inc. now owns 2,926 shares of the company’s stock valued at $119,000 after purchasing an additional 297 shares during the last quarter. Equitable Holdings Inc. increased its position in shares of Global X S&P 500 Covered Call ETF by 3.3% during the third quarter. Equitable Holdings Inc. now owns 11,627 shares of the company’s stock worth $456,000 after buying an additional 369 shares during the period. Trilogy Capital Inc. increased its position in shares of Global X S&P 500 Covered Call ETF by 5.2% during the fourth quarter. Trilogy Capital Inc. now owns 7,439 shares of the company’s stock worth $302,000 after buying an additional 371 shares during the period. Finally, Blue Chip Partners LLC raised its stake in Global X S&P 500 Covered Call ETF by 1.4% during the second quarter. Blue Chip Partners LLC now owns 29,209 shares of the company’s stock worth $1,137,000 after buying an additional 409 shares during the last quarter.

Global X S&P 500 Covered Call ETF Price Performance

Shares of NYSEARCA XYLD opened at $40.95 on Monday. The company has a market capitalization of $3.16 billion, a PE ratio of 25.32 and a beta of 0.50. Global X S&P 500 Covered Call ETF has a twelve month low of $38.22 and a twelve month high of $41.10. The firm has a fifty day simple moving average of $40.39 and a 200 day simple moving average of $40.39.

Global X S&P 500 Covered Call ETF Company 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.