Independent Financial Group LLC Invests $800,000 in Global X S&P 500 Covered Call ETF $XYLD

Independent Financial Group LLC purchased a new stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 20,434 shares of the company’s stock, valued at approximately $800,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in Global X S&P 500 Covered Call ETF during the first quarter worth about $3,796,000. JPMorgan Chase & Co. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 185.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock worth $420,000 after acquiring an additional 6,999 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 21.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 153,576 shares of the company’s stock worth $5,971,000 after acquiring an additional 27,606 shares in the last quarter. Ausdal Financial Partners Inc. grew its holdings in shares of Global X S&P 500 Covered Call ETF by 30.3% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,486 shares of the company’s stock worth $915,000 after acquiring an additional 5,464 shares during the period. Finally, MGB Wealth Management LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the 2nd quarter worth approximately $26,000.

Global X S&P 500 Covered Call ETF Price Performance

NYSEARCA XYLD opened at $40.97 on Wednesday. Global X S&P 500 Covered Call ETF has a 1-year low of $38.22 and a 1-year high of $41.32. The company has a market capitalization of $3.21 billion, a P/E ratio of 25.32 and a beta of 0.49. The business has a 50 day moving average price of $40.69 and a 200 day moving average price of $40.44.

Global X S&P 500 Covered Call ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

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