Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $41.24 and last traded at $41.24, with a volume of 959732 shares. The stock had previously closed at $41.13.
Global X S&P 500 Covered Call ETF Stock Performance
The stock’s 50 day simple moving average is $40.64 and its 200 day simple moving average is $40.42. The firm has a market cap of $3.22 billion, a PE ratio of 25.32 and a beta of 0.49.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. increased 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 buying an additional 229,004 shares during the period. Susquehanna International Group LLP purchased a new stake in Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $5,819,000. Northwestern Mutual Wealth Management Co. boosted its position in Global X S&P 500 Covered Call ETF by 177.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 216,630 shares of the company’s stock valued at $8,802,000 after buying an additional 138,483 shares during the period. Jane Street Group LLC bought a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter worth $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 $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.
Featured Articles
- Five stocks we like better than Global X S&P 500 Covered Call ETF
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Global X S&P 500 Covered Call ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X S&P 500 Covered Call ETF and related companies with MarketBeat.com's FREE daily email newsletter.
