MeadowBrook Investment Advisors LLC Lowers Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

MeadowBrook Investment Advisors LLC cut its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 10.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,536 shares of the company’s stock after selling 420 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $148,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of XYLD. Sanctuary Advisors LLC grew its holdings in Global X S&P 500 Covered Call ETF by 1.7% during the third quarter. Sanctuary Advisors LLC now owns 17,829 shares of the company’s stock valued at $748,000 after purchasing an additional 300 shares during the period. CWM LLC grew 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 valued at $143,000 after purchasing an additional 375 shares during the period. Rockefeller Capital Management L.P. grew 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 valued at $2,157,000 after purchasing an additional 389 shares during the period. Arete Wealth Advisors LLC lifted its position in shares of Global X S&P 500 Covered Call ETF by 3.0% during the third quarter. Arete Wealth Advisors LLC now owns 13,896 shares of the company’s stock worth $576,000 after acquiring an additional 399 shares in the last quarter. Finally, Truist Financial Corp lifted its position in shares of 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 acquiring an additional 420 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD stock opened at $42.68 on Wednesday. Global X S&P 500 Covered Call ETF has a 52-week low of $37.93 and a 52-week high of $43.43. The company has a market capitalization of $2.99 billion, a PE ratio of 20.31 and a beta of 0.44. The business’s fifty day moving average is $42.40 and its 200 day moving average is $41.66.

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.