IMG Wealth Management Inc. Buys Shares of 10,647 Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

IMG Wealth Management Inc. bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,647 shares of the company’s stock, valued at approximately $194,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QYLD. Oppenheimer & Co. Inc. raised its position in Global X Nasdaq 100 Covered Call ETF by 10.9% in the third quarter. Oppenheimer & Co. Inc. now owns 61,678 shares of the company’s stock valued at $1,113,000 after purchasing an additional 6,081 shares during the period. CAP Partners LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 3.0% in the third quarter. CAP Partners LLC now owns 28,077 shares of the company’s stock valued at $507,000 after purchasing an additional 813 shares during the period. Prospera Financial Services Inc raised its position in Global X Nasdaq 100 Covered Call ETF by 16.3% in the third quarter. Prospera Financial Services Inc now owns 33,148 shares of the company’s stock valued at $598,000 after purchasing an additional 4,652 shares during the period. Darwin Wealth Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the third quarter valued at approximately $70,000. Finally, LPL Financial LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 6.4% in the third quarter. LPL Financial LLC now owns 10,773,911 shares of the company’s stock valued at $194,361,000 after purchasing an additional 646,364 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 2.4 %

NASDAQ:QYLD opened at $16.97 on Monday. The company has a fifty day simple moving average of $18.20 and a two-hundred day simple moving average of $18.17. The company has a market cap of $8.41 billion, a price-to-earnings ratio of 30.84 and a beta of 0.63. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $15.91 and a 52 week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were paid a $0.165 dividend. The ex-dividend date of this dividend was Monday, February 24th.

Global X Nasdaq 100 Covered Call ETF Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.