Sax Wealth Advisors LLC Takes $357,000 Position in Global X S&P 500 Covered Call ETF $XYLD

Sax Wealth Advisors LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,170 shares of the company’s stock, valued at approximately $357,000.

Several other large investors have also made changes to their positions in XYLD. Ferguson Shapiro LLC lifted its stake in Global X S&P 500 Covered Call ETF by 5.5% in the first quarter. Ferguson Shapiro LLC now owns 5,089 shares of the company’s stock valued at $201,000 after buying an additional 266 shares during the period. IFP Advisors Inc lifted its stake in Global X S&P 500 Covered Call ETF by 6.8% in the first quarter. IFP Advisors Inc now owns 4,352 shares of the company’s stock valued at $172,000 after buying an additional 277 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in Global X S&P 500 Covered Call ETF by 5.2% in the first quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,412 shares of the company’s stock valued at $253,000 after buying an additional 316 shares during the period. AdvisorNet Financial Inc lifted its stake in Global X S&P 500 Covered Call ETF by 20.4% in the second quarter. AdvisorNet Financial Inc now owns 1,894 shares of the company’s stock valued at $74,000 after buying an additional 321 shares during the period. Finally, Spire Wealth Management lifted its stake in Global X S&P 500 Covered Call ETF by 42.4% in the first quarter. Spire Wealth Management now owns 1,209 shares of the company’s stock valued at $48,000 after buying an additional 360 shares during the period.

Global X S&P 500 Covered Call ETF Trading Down 0.1%

NYSEARCA:XYLD opened at $39.49 on Friday. Global X S&P 500 Covered Call ETF has a 1-year low of $34.53 and a 1-year high of $43.43. The business’s 50-day moving average price is $39.11 and its two-hundred day moving average price is $38.73. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 25.32 and a beta of 0.72.

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.