Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) Hits New 52-Week High – Here’s What Happened

Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD)’s stock price hit a new 52-week high on Monday . The stock traded as high as $16.41 and last traded at $16.41, with a volume of 430 shares changing hands. The stock had previously closed at $16.40.

Global X Russell 2000 Covered Call ETF Price Performance

The stock’s 50-day simple moving average is $16.02 and its two-hundred day simple moving average is $15.64. The firm has a market capitalization of $1.40 billion, a P/E ratio of 15.90 and a beta of 0.53.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC lifted its holdings in Global X Russell 2000 Covered Call ETF by 23.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,449 shares of the company’s stock valued at $53,000 after buying an additional 649 shares in the last quarter. PMG Family Office LLC lifted its stake in Global X Russell 2000 Covered Call ETF by 1.7% in the first quarter. PMG Family Office LLC now owns 41,681 shares of the company’s stock worth $623,000 after acquiring an additional 705 shares during the period. Columbia Advisory Partners LLC increased its position in Global X Russell 2000 Covered Call ETF by 6.0% during the 1st quarter. Columbia Advisory Partners LLC now owns 13,397 shares of the company’s stock valued at $200,000 after purchasing an additional 764 shares during the period. Private Advisor Group LLC increased its holdings in Global X Russell 2000 Covered Call ETF by 0.8% during the first quarter. Private Advisor Group LLC now owns 102,511 shares of the company’s stock valued at $1,533,000 after buying an additional 823 shares during the period. Finally, Sigma Planning Corp raised its position in shares of Global X Russell 2000 Covered Call ETF by 3.2% in the 4th quarter. Sigma Planning Corp now owns 26,235 shares of the company’s stock worth $401,000 after acquiring an additional 825 shares in the last quarter.

About Global X Russell 2000 Covered Call ETF

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.