Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Stock Price Up 2.6%

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG)’s share price was up 2.6% during mid-day trading on Thursday . The company traded as high as $31.60 and last traded at $31.60. Approximately 17,313 shares changed hands during trading, a decline of 30% from the average daily volume of 24,653 shares. The stock had previously closed at $30.79.

Nasdaq 100 Covered Call & Growth ETF Price Performance

The firm has a market cap of $110.57 million, a P/E ratio of 34.17 and a beta of 0.93. The company’s 50-day simple moving average is $31.32 and its 200 day simple moving average is $30.61.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 29th. Stockholders of record on Monday, July 22nd were issued a $0.168 dividend. This is a boost from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $2.02 dividend on an annualized basis and a dividend yield of 6.38%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nasdaq 100 Covered Call & Growth ETF stock. Wetzel Investment Advisors Inc. bought a new position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,300 shares of the company’s stock, valued at approximately $38,000.

About Nasdaq 100 Covered Call & Growth ETF

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth.