Simplicity Wealth LLC Makes New Investment in Global X Russell 2000 Covered Call ETF $RYLD

Simplicity Wealth LLC purchased a new stake in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 63,823 shares of the company’s stock, valued at approximately $987,000. Simplicity Wealth LLC owned approximately 0.08% of Global X Russell 2000 Covered Call ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. IMC Chicago LLC acquired a new stake in Global X Russell 2000 Covered Call ETF during the first quarter valued at $582,000. Proficio Capital Partners LLC purchased a new position in Global X Russell 2000 Covered Call ETF in the second quarter valued at about $7,402,000. Baird Financial Group Inc. grew its stake in Global X Russell 2000 Covered Call ETF by 30.0% in the second quarter. Baird Financial Group Inc. now owns 317,117 shares of the company’s stock valued at $5,071,000 after purchasing an additional 73,103 shares in the last quarter. Bank of America Corp DE grew its stake in Global X Russell 2000 Covered Call ETF by 47.1% in the first quarter. Bank of America Corp DE now owns 3,278,665 shares of the company’s stock valued at $49,016,000 after purchasing an additional 1,050,245 shares in the last quarter. Finally, Royal Bank of Canada increased its position in Global X Russell 2000 Covered Call ETF by 20.9% in the 1st quarter. Royal Bank of Canada now owns 556,202 shares of the company’s stock worth $8,314,000 after purchasing an additional 96,222 shares during the last quarter.

Global X Russell 2000 Covered Call ETF Price Performance

Shares of RYLD stock opened at $15.32 on Wednesday. Global X Russell 2000 Covered Call ETF has a fifty-two week low of $14.61 and a fifty-two week high of $16.47. The stock’s 50-day moving average is $15.75 and its two-hundred day moving average is $15.67. The firm has a market cap of $1.30 billion, a P/E ratio of 15.90 and a beta of 0.55.

About Global X Russell 2000 Covered Call ETF

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.