Prevail Innovative Wealth Advisors LLC Reduces Position in Global X S&P 500 Covered Call ETF $XYLD

Prevail Innovative Wealth Advisors LLC decreased its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 28.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,292 shares of the company’s stock after selling 39,094 shares during the quarter. Prevail Innovative Wealth Advisors LLC owned about 0.13% of Global X S&P 500 Covered Call ETF worth $3,994,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in XYLD. Sumitomo Life Insurance Co. bought a new position in Global X S&P 500 Covered Call ETF in the 3rd quarter worth $67,135,000. Ameriprise Financial Inc. raised its holdings in Global X S&P 500 Covered Call ETF by 15.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,692,576 shares of the company’s stock worth $66,507,000 after purchasing an additional 229,004 shares in the last quarter. Brookstone Capital Management raised its holdings in Global X S&P 500 Covered Call ETF by 2.2% in the 4th quarter. Brookstone Capital Management now owns 827,203 shares of the company’s stock worth $33,609,000 after purchasing an additional 17,545 shares in the last quarter. Sims Investment Management LLC raised its holdings in Global X S&P 500 Covered Call ETF by 1.5% in the 4th quarter. Sims Investment Management LLC now owns 412,816 shares of the company’s stock worth $16,773,000 after purchasing an additional 6,200 shares in the last quarter. Finally, First Foundation Advisors raised its holdings in Global X S&P 500 Covered Call ETF by 24.8% in the 3rd quarter. First Foundation Advisors now owns 260,958 shares of the company’s stock worth $10,245,000 after purchasing an additional 51,833 shares in the last quarter.

Global X S&P 500 Covered Call ETF Trading Up 0.6%

Shares of NYSEARCA XYLD opened at $40.27 on Thursday. Global X S&P 500 Covered Call ETF has a 12 month low of $37.57 and a 12 month high of $41.10. The firm has a market capitalization of $3.11 billion, a PE ratio of 25.32 and a beta of 0.50. The firm has a fifty day simple moving average of $39.89 and a two-hundred day simple moving average of $40.30.

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.