Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Reaches New 1-Year High – Here’s What Happened

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) reached a new 52-week high on Thursday . The company traded as high as $18.10 and last traded at $18.10, with a volume of 3248115 shares traded. The stock had previously closed at $18.06.

Global X Nasdaq 100 Covered Call ETF Price Performance

The firm has a market capitalization of $8.38 billion, a PE ratio of 32.28 and a beta of 0.63. The company has a fifty day moving average of $17.55 and a 200-day moving average of $17.57.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 23rd. Shareholders of record on Monday, April 20th were given a $0.1789 dividend. The ex-dividend date of this dividend was Monday, April 20th. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17.

Institutional Investors Weigh In On Global X Nasdaq 100 Covered Call ETF

Several large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth $244,000. Focus Partners Wealth lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 81.4% in the 1st quarter. Focus Partners Wealth now owns 35,289 shares of the company’s stock valued at $587,000 after purchasing an additional 15,835 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 405,374 shares of the company’s stock worth $6,778,000 after purchasing an additional 12,914 shares in the last quarter. Cerity Partners LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 186.7% in the second quarter. Cerity Partners LLC now owns 326,875 shares of the company’s stock worth $5,456,000 after purchasing an additional 212,857 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in Global X Nasdaq 100 Covered Call ETF by 68.4% during the second quarter. Daiwa Securities Group Inc. now owns 87,610 shares of the company’s stock worth $1,465,000 after buying an additional 35,570 shares during the last quarter.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.