Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 1,274,850 shares were traded during mid-day trading, an increase of 34% from the previous session’s volume of 952,666 shares.The stock last traded at $40.95 and had previously closed at $40.83.
Global X S&P 500 Covered Call ETF Price Performance
The stock has a market cap of $3.18 billion, a PE ratio of 25.32 and a beta of 0.49. The company has a 50 day moving average price of $40.47 and a two-hundred day moving average price of $40.40.
Hedge Funds Weigh In On Global X S&P 500 Covered Call ETF
Hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in shares of Global X S&P 500 Covered Call ETF by 15.6% in the third quarter. Ameriprise Financial Inc. now owns 1,692,576 shares of the company’s stock worth $66,507,000 after acquiring an additional 229,004 shares during the period. Susquehanna International Group LLP bought a new position in Global X S&P 500 Covered Call ETF during the third quarter valued at approximately $5,819,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Global X S&P 500 Covered Call ETF by 177.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,630 shares of the company’s stock worth $8,802,000 after purchasing an additional 138,483 shares during the last quarter. Jane Street Group LLC purchased a new stake in Global X S&P 500 Covered Call ETF in the first quarter worth approximately $3,796,000. Finally, Ocean Park Asset Management LLC bought a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter worth approximately $3,737,000.
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.
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