Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) Reaches New 1-Year High – Here’s Why

Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLDGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $16.08 and last traded at $16.07, with a volume of 55180 shares changing hands. The stock had previously closed at $16.00.

Global X Russell 2000 Covered Call ETF Stock Up 0.3%

The firm has a market capitalization of $1.37 billion, a PE ratio of 15.90 and a beta of 0.53. The company has a 50-day moving average of $15.80 and a 200 day moving average of $15.55.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Fifth Third Bancorp purchased a new stake in Global X Russell 2000 Covered Call ETF in the first quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new position in Global X Russell 2000 Covered Call ETF in the 3rd quarter worth approximately $37,000. Qube Research & Technologies Ltd increased its holdings in shares of Global X Russell 2000 Covered Call ETF by 67.5% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,643 shares of the company’s stock worth $40,000 after buying an additional 1,065 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Global X Russell 2000 Covered Call ETF by 85.3% in the 4th quarter. Farther Finance Advisors LLC now owns 2,876 shares of the company’s stock worth $44,000 after buying an additional 1,324 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its position in shares of Global X Russell 2000 Covered Call ETF by 150.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,337 shares of the company’s stock valued at $51,000 after buying an additional 2,004 shares in the last quarter.

About Global X Russell 2000 Covered Call ETF

(Get Free Report)

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.

Further Reading

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