Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Reaches New 12-Month High at $41.61

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $41.61 and last traded at $41.55, with a volume of 227974 shares changing hands. The stock had previously closed at $41.48.

Global X S&P 500 Covered Call ETF Stock Performance

The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The company has a 50 day moving average price of $40.63 and a two-hundred day moving average price of $40.46.

Hedge Funds Weigh In On Global X S&P 500 Covered Call ETF

A number of large investors have recently added to or reduced their stakes in XYLD. LPL Financial LLC lifted its stake in Global X S&P 500 Covered Call ETF by 13.4% in the 2nd quarter. LPL Financial LLC now owns 3,103,006 shares of the company’s stock valued at $125,455,000 after buying an additional 366,810 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Global X S&P 500 Covered Call ETF by 585.9% during the first quarter. Cetera Investment Advisers now owns 380,329 shares of the company’s stock worth $15,514,000 after purchasing an additional 324,879 shares in the last quarter. One Capital Management LLC acquired a new position in Global X S&P 500 Covered Call ETF in the 2nd quarter valued at $8,968,000. OLD Mission Capital LLC raised its stake in Global X S&P 500 Covered Call ETF by 213.5% in the 4th quarter. OLD Mission Capital LLC now owns 202,499 shares of the company’s stock valued at $7,987,000 after purchasing an additional 137,896 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Global X S&P 500 Covered Call ETF by 33.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 538,183 shares of the company’s stock valued at $21,759,000 after purchasing an additional 135,930 shares in the last quarter.

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.