Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Stake Raised by MML Investors Services LLC

MML Investors Services LLC grew its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 14.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,579 shares of the company’s stock after purchasing an additional 4,376 shares during the quarter. MML Investors Services LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC raised its holdings in Global X S&P 500 Covered Call ETF by 12.2% during the third quarter. CWM LLC now owns 3,450 shares of the company’s stock worth $143,000 after purchasing an additional 375 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Global X S&P 500 Covered Call ETF by 0.8% during the third quarter. Rockefeller Capital Management L.P. now owns 51,987 shares of the company’s stock worth $2,157,000 after purchasing an additional 389 shares in the last quarter. Truist Financial Corp raised its holdings in Global X S&P 500 Covered Call ETF by 1.9% during the second quarter. Truist Financial Corp now owns 22,630 shares of the company’s stock worth $915,000 after purchasing an additional 420 shares in the last quarter. Private Client Services LLC raised its holdings in Global X S&P 500 Covered Call ETF by 8.6% during the third quarter. Private Client Services LLC now owns 5,477 shares of the company’s stock worth $227,000 after purchasing an additional 433 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Global X S&P 500 Covered Call ETF by 1.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,991 shares of the company’s stock worth $1,203,000 after purchasing an additional 503 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

Global X S&P 500 Covered Call ETF stock opened at $42.11 on Thursday. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a 1 year low of $37.93 and a 1 year high of $42.43. The firm’s 50 day moving average price is $41.89 and its two-hundred day moving average price is $41.13.

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.