Beam Wealth Advisors Inc. lowered its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,508 shares of the company’s stock after selling 1,846 shares during the quarter. Global X S&P 500 Covered Call ETF accounts for 1.2% of Beam Wealth Advisors Inc.’s investment portfolio, making the stock its 23rd biggest position. Beam Wealth Advisors Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $1,834,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Providence Capital Advisors LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $25,000. Fortis Capital Advisors LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at $30,000. Sound Income Strategies LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $38,000. Cornerstone Planning Group LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $39,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $41,000.
Global X S&P 500 Covered Call ETF Stock Performance
Shares of XYLD stock traded down $0.17 on Wednesday, hitting $40.17. 223,577 shares of the company’s stock traded hands, compared to its average volume of 438,835. Global X S&P 500 Covered Call ETF has a one year low of $37.49 and a one year high of $41.54. The company’s fifty day simple moving average is $40.39 and its 200 day simple moving average is $39.62. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 20.55 and a beta of 0.44.
Global X S&P 500 Covered Call ETF 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.
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