Bank of Montreal Can Sells 1,593 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Bank of Montreal Can cut its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 7.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,951 shares of the company’s stock after selling 1,593 shares during the quarter. Bank of Montreal Can’s holdings in Global X S&P 500 Covered Call ETF were worth $766,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. LPL Financial LLC raised its stake in Global X S&P 500 Covered Call ETF by 13.4% during the second 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 during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Global X S&P 500 Covered Call ETF by 2.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,001,643 shares of the company’s stock worth $40,496,000 after purchasing an additional 27,426 shares during the last quarter. Brookstone Capital Management lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 0.5% during the first quarter. Brookstone Capital Management now owns 724,105 shares of the company’s stock valued at $29,536,000 after purchasing an additional 3,643 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Global X S&P 500 Covered Call ETF by 33.8% during the second quarter. Envestnet Asset Management Inc. now owns 538,183 shares of the company’s stock valued at $21,759,000 after buying an additional 135,930 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in Global X S&P 500 Covered Call ETF by 585.9% in the 1st quarter. Cetera Investment Advisers now owns 380,329 shares of the company’s stock worth $15,514,000 after buying an additional 324,879 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Down 0.3 %

Shares of Global X S&P 500 Covered Call ETF stock opened at $41.43 on Tuesday. Global X S&P 500 Covered Call ETF has a twelve month low of $37.49 and a twelve month high of $41.65. The company’s 50 day moving average is $40.85 and its 200 day moving average is $40.56. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44.

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.