Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Sets New 1-Year High – Here’s What Happened

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $41.33 and last traded at $41.33, with a volume of 122305 shares changing hands. The stock had previously closed at $41.17.

Global X S&P 500 Covered Call ETF Trading Up 0.5%

The company’s 50-day moving average is $40.77 and its 200 day moving average is $40.44. The stock has a market capitalization of $3.26 billion, a PE ratio of 25.32 and a beta of 0.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. MGB Wealth Management LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the second quarter worth $26,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Global X S&P 500 Covered Call ETF in the 1st quarter valued at $49,000. Measured Wealth Private Client Group LLC purchased a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter worth $52,000. Ascentis Independent Advisors purchased a new position in Global X S&P 500 Covered Call ETF in the 1st quarter worth $64,000. Finally, EP Wealth Advisors LLC purchased a new position in Global X S&P 500 Covered Call ETF in the 2nd quarter worth $100,000.

Global X S&P 500 Covered Call ETF Company Profile

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.