Brookstone Capital Management Has $8.79 Million Stock Holdings in Global X Russell 2000 Covered Call ETF $RYLD

Brookstone Capital Management increased its stake in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 6.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 587,762 shares of the company’s stock after buying an additional 35,240 shares during the period. Brookstone Capital Management’s holdings in Global X Russell 2000 Covered Call ETF were worth $8,787,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new stake in Global X Russell 2000 Covered Call ETF in the 3rd quarter valued at about $37,000. Qube Research & Technologies Ltd lifted its position in shares of Global X Russell 2000 Covered Call ETF by 67.5% during the third quarter. Qube Research & Technologies Ltd now owns 2,643 shares of the company’s stock worth $40,000 after purchasing an additional 1,065 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Global X Russell 2000 Covered Call ETF by 85.3% during the fourth quarter. Farther Finance Advisors LLC now owns 2,876 shares of the company’s stock valued at $44,000 after purchasing an additional 1,324 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of Global X Russell 2000 Covered Call ETF by 150.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,337 shares of the company’s stock valued at $51,000 after purchasing an additional 2,004 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Global X Russell 2000 Covered Call ETF by 23.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,449 shares of the company’s stock valued at $53,000 after purchasing an additional 649 shares in the last quarter.

Global X Russell 2000 Covered Call ETF Price Performance

RYLD stock opened at $15.85 on Tuesday. The company has a 50 day moving average price of $15.59 and a 200 day moving average price of $15.48. Global X Russell 2000 Covered Call ETF has a fifty-two week low of $14.33 and a fifty-two week high of $16.02. The stock has a market capitalization of $1.36 billion, a PE ratio of 15.90 and a beta of 0.54.

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.