Prevail Innovative Wealth Advisors LLC Takes $4.59 Million Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 109,585 shares of the company’s stock, valued at approximately $4,592,000. Global X S&P 500 Covered Call ETF accounts for approximately 1.3% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Prevail Innovative Wealth Advisors LLC owned 0.16% of Global X S&P 500 Covered Call ETF as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $578,000. Rockefeller Capital Management L.P. raised its holdings in Global X S&P 500 Covered Call ETF by 0.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 51,987 shares of the company’s stock worth $2,157,000 after buying an additional 389 shares during the period. B&L Asset Management LLC bought a new position in Global X S&P 500 Covered Call ETF in the third quarter valued at approximately $225,000. Jane Street Group LLC boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 92.0% in the third quarter. Jane Street Group LLC now owns 88,071 shares of the company’s stock valued at $3,655,000 after buying an additional 42,207 shares during the period. Finally, Montchanin Asset Management LLC increased its position in shares of Global X S&P 500 Covered Call ETF by 3.1% during the third quarter. Montchanin Asset Management LLC now owns 33,440 shares of the company’s stock worth $1,388,000 after acquiring an additional 1,000 shares in the last quarter.

Global X S&P 500 Covered Call ETF Trading Down 1.0 %

XYLD opened at $39.28 on Friday. The stock has a market capitalization of $3.04 billion, a P/E ratio of 25.09 and a beta of 0.63. Global X S&P 500 Covered Call ETF has a 12 month low of $37.93 and a 12 month high of $43.43. The firm’s fifty day simple moving average is $41.45 and its 200 day simple moving average is $41.75.

Global X S&P 500 Covered Call ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be given a dividend of $0.4005 per share. This is a boost from Global X S&P 500 Covered Call ETF’s previous dividend of $0.28. The ex-dividend date of this dividend is Monday, March 24th.

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.