Kingswood Wealth Advisors LLC Acquires 14,184 Shares of Global X S&P 500 Covered Call ETF $XYLD

Kingswood Wealth Advisors LLC grew its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 57.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,966 shares of the company’s stock after buying an additional 14,184 shares during the quarter. Kingswood Wealth Advisors LLC owned 0.05% of Global X S&P 500 Covered Call ETF worth $1,583,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Sumitomo Life Insurance Co. bought a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter valued at approximately $67,135,000. Ameriprise Financial Inc. boosted its holdings 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 valued at $66,507,000 after purchasing an additional 229,004 shares during the period. Brookstone Capital Management boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 2.2% in the fourth quarter. Brookstone Capital Management now owns 827,203 shares of the company’s stock valued at $33,609,000 after purchasing an additional 17,545 shares during the period. Sims Investment Management LLC boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 1.5% in the fourth quarter. Sims Investment Management LLC now owns 412,816 shares of the company’s stock valued at $16,773,000 after purchasing an additional 6,200 shares during the period. Finally, First Foundation Advisors boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 24.8% in the third quarter. First Foundation Advisors now owns 260,958 shares of the company’s stock valued at $10,245,000 after purchasing an additional 51,833 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of NYSEARCA XYLD opened at $39.92 on Friday. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 25.32 and a beta of 0.50. The stock has a 50 day moving average price of $40.00 and a 200 day moving average price of $40.19. Global X S&P 500 Covered Call ETF has a 52-week low of $37.57 and a 52-week high of $41.10.

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.