Verity Asset Management Inc. acquired a new stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) in the third quarter, Holdings Channel reports. The institutional investor acquired 47,745 shares of the company’s stock, valued at approximately $1,982,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Financial Management Professionals Inc. purchased a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter worth $26,000. Ascentis Independent Advisors bought a new stake in Global X S&P 500 Covered Call ETF in the first quarter worth $64,000. Farther Finance Advisors LLC boosted its position in Global X S&P 500 Covered Call ETF by 29.1% during the third quarter. Farther Finance Advisors LLC now owns 1,607 shares of the company’s stock valued at $67,000 after buying an additional 362 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in Global X S&P 500 Covered Call ETF during the third quarter valued at about $98,000. Finally, Robinswood Financial LLC purchased a new stake in Global X S&P 500 Covered Call ETF during the first quarter valued at about $123,000.
Global X S&P 500 Covered Call ETF Trading Up 1.3%
Shares of NYSEARCA:XYLD opened at $41.58 on Thursday. The stock’s 50-day moving average price is $41.57 and its 200-day moving average price is $40.80. Global X S&P 500 Covered Call ETF has a 12-month low of $38.22 and a 12-month high of $42.00. The stock has a market capitalization of $3.39 billion, a P/E ratio of 25.32 and a beta of 0.49.
About Global X S&P 500 Covered Call ETF
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.
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Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report).
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